Tag: financial challenges
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The Register: Bank of England expands data and cloud framework by £26.7 million after revising data strategy
Source URL: https://www.theregister.com/2025/06/25/bank_of_england_expands_data/ Source: The Register Title: Bank of England expands data and cloud framework by £26.7 million after revising data strategy Feedly Summary: Dependent on SAP and Oracle, UK central bank wants to modernize in the cloud, refresh data strategy The UK central bank is expecting a 45 percent hike in the maximum cost…
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New York Times – Artificial Intelligence : CoreWeave Disappoints on Opening of Trading
Source URL: https://www.nytimes.com/2025/03/28/technology/coreweave-stock.html Source: New York Times – Artificial Intelligence Title: CoreWeave Disappoints on Opening of Trading Feedly Summary: The start-up, which provides the processing power to help develop A.I. systems, faces questions about its debt and the overall economy. AI Summary and Description: Yes Summary: The text discusses a start-up that offers processing power…
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Hacker News: Nigerians are building affordable alternatives to AWS and Google Cloud
Source URL: https://restofworld.org/2025/aws-google-cloud-nigeria-alternatives/ Source: Hacker News Title: Nigerians are building affordable alternatives to AWS and Google Cloud Feedly Summary: Comments AI Summary and Description: Yes **Short Summary with Insight:** The text explores the development of local cloud service providers in Nigeria, exemplified by the fintech platform Okra’s transition from AWS to Nebula. This shift not…
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The Register: Cyberattack on NHS causes hospitals to miss cancer care targets
Source URL: https://www.theregister.com/2025/02/04/cyberattack_on_nhs_hospitals_sees/ Source: The Register Title: Cyberattack on NHS causes hospitals to miss cancer care targets Feedly Summary: Healthcare chiefs say impact will persist for months NHS execs admit that last year’s cyberattack on hospitals in Wirral, northwest England, continues to “significantly" impact waiting times for cancer treatments, and suspect this will last for…
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The Register: Even at $200/mo, Altman admits ChatGPT Pro struggles to turn a profit
Source URL: https://www.theregister.com/2025/01/06/altman_gpt_profits/ Source: The Register Title: Even at $200/mo, Altman admits ChatGPT Pro struggles to turn a profit Feedly Summary: But don’t worry, he’s ‘figured out’ AGI comment Even at $200 a month for ChatGPT Pro, the service is struggling to turn a profit, OpenAI CEO Sam Altman lamented on the platform formerly known…