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Banks’ Growing Dependence on Big Tech for AI Compute Raises Risks

'AI requires huge amounts of compute, and really the only way that you're going to be able to access that compute sensibly is from Big Tech.' -Joanne Hannaford, head of technology strategy, Deutsche Bank's corporate bank, speaking at Money20/20 conference https://
reuters.com/technology/ban
ks-say-growing-reliance-big-tech-ai-carries-new-risks-2024-06-07/

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