Finance stories - Page 8

A report by Illumio reveals that 73% of UK organisations hesitate to report ransomware incidents, citing fears of exposure and financial repercussions.

DeepSeek is making waves in the AI sector with its new DeepSeek-R1 model, reshaping innovation by making advanced technology more accessible and efficient.

CIBC Innovation Banking has extended a GBP £5 million corporate debt facility to Infinity, bolstering the call tracking firm's growth and product development efforts.

Abnormal Security has appointed Lisa Banks as Chief Financial Officer as it gears up for an initial public offering, aiming for over USD $1 billion in annual revenue.

A survey by Soldo shows that 88% of UK finance leaders believe restricted budget access is hindering business growth and employee productivity.

A Forrester report reveals that while quantum computing has made strides, practical applications remain a decade away due to persistent challenges.

Mail Metrics has acquired Adare SEC, its fourth purchase in four years, expanding its workforce and boosting UK revenue projections to GBP £175 million.

Cloudera has unveiled a preview of its Retrieval-Augmented Generation Studio, enabling enterprises to deploy AI chatbots using real-time data without coding.

HP has announced its new Elite t660 Thin Client, claiming to be the world's most secure desktop thin client, available from March 2025.

A Freshworks survey reveals that nearly half of UK employees would consider job changes for better AI integration, highlighting its workplace importance.

The Competition and Markets Authority has approved the Vodafone-Three merger, which experts see as a significant boost for UK businesses and consumers.

As AI transforms finance operations, many firms lack a clear strategy for its integration, risking inefficiencies and missed opportunities.

By 2025, AI is set to revolutionise industries with advancements in agents, edge computing, and nuclear energy, driving sustainability and efficiency.

Seagate has launched a budget-friendly archive tier for its Lyve Cloud service, allowing enterprises to store infrequently accessed data at $3.75 per terabyte.

Quadient forecasts that by 2025, blockchain will revolutionise finance teams, enhancing transaction accuracy and transparency in a challenging skills landscape.

Twilio has honoured 16 startups at the 2024 AI Startup Searchlight Awards for their innovative use of Twilio's tools to enhance customer engagement.

Apricorn has expanded its Aegis Secure Key 3NX line, now offering hardware-encrypted USB drives with storage up to 512GB for enhanced data protection.

NVIDIA has joined forces with Helsinki's Algorithmiq to enhance quantum computing, leveraging GPUs to significantly boost performance in emerging technologies.

A report reveals that 60% of banking leaders are integrating generative AI technology into operations, outpacing other sectors in adoption rates.

Hitachi Vantara has launched enhancements to its Virtual Storage Platform One, featuring all-QLC flash arrays and improved cloud capabilities to support data-heavy sectors.