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BIS warns on potential “systemic spillovers” from debt-fuelled AI spending

But even well-known AI-sceptic engineers are now grudgingly admitting that LLMs are pretty damn good at coding. One example is...

Subprime AI? Gary Marcus vows to short OpenAI as "bubble" noise mounts

"Based on the deals we’re advising on there is some way to go yet..."

US Treasury confirms $9 billion ICBC ransomware impact

"ICBC’s inability to access its systems caused securities to be delivered for settlement with no funds backing the trades"

equilend cybersecurity incident

"We are working methodically to restore the involved services as quickly as possible"

Bank of England Transforming Data Collection

"... a concept has been developed for a centralised solution that will provide firms with an automated classification answer."

Nasdaq Adena acquisition

Treasury, risk, and collateral management, and regulatory and compliance software are more important than ever...

Bloomberg, Man Group team up to develop open source "ArcticDB" database

"Build it or buy it?" That's been answered here...

ION Ransomware attack hits markets -- Here are some key lessons from an earlier DXC attack

Five key lessons from a previous attack on a major software provider

One to Watch #7: Top Goldman quant's new AI investment platform "SkopeAI"

"We’re at this inflection point where you don’t necessarily need a lot of intermediaries"

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