The long and the short of IT - the week in digibytes

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He said what?!?

Nobody's building more compute than the people asking to be slowed down.”

Jensen Huang, NVIDIA CEO.

NatWest finds new efficiencies through “pervasive” AI, says CEO

NatWest is becoming a lot more efficient at delivering change, insists Paul Thwaite, CEO of NatWest at the Barclays 24th Annual Global Financial Services Conference:

There's still work to do on digitization and automation. AI can help accelerate that, but actually, you don't need some of the probabilistic kind of outcomes there. You just need deterministic activity. There's still a lot of, what I would call, complexity in banks and certainly in NatWest that supports continued driving for efficiency...Where you have an investment envelope and you're deploying that investment to drive efficiencies, the quantum of change and therefore, benefit we can get from the same envelope is increasing considerably. Some of that is helped by AI, but not exclusively.

AI is...

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