vendorsandproviders
By David Linthicum Cloud is the easiest way to build generative AI systems; that’s why cloud revenues are skyrocketing. However, many of these systems are overengineered, which drives complexity and unnecessary costs. Overengineering is a familiar issue. We’ve been overthinking and overbuilding systems, devices, machines, vehicles, etc., for many years. Why would the cloud be any different? Overengineering is designing an unnecessarily complex product or solution by incorporating features or functionalities that add no substantial value. This practice leads to the inefficient use of time, mone...
Info World
By David Linthicum European banking executives are increasingly concerned about the growing dependence of big U.S. tech firms on integrated artificial intelligence (AI) in financial services. Substantial computing power is needed for AI, and many banks believe they will struggle to operate AI independently. They fear a shift towards “Big Tech” and “Big Cloud” due to AI adoption requirements. These concerns were widely discussed at a recent fintech conference in Amsterdam. I wish I had been there to remind them that they have direct control of the technology they deploy, and large companies and...
Info World
By David Linthicum As most IT people know, GPUs are in high demand and are critical for running and training generative AI models. The alternative cloud sector, also known as microclouds, is experiencing a significant surge. Businesses such as CoreWeave, Lambda Labs, Voltage Park, and Together AI are at the forefront of this movement. CoreWeave, which started as a cryptocurrency mining venture, has become a major provider of GPU infrastructure. This shift illustrates a broader trend in which companies are increasingly relying on cloud-hosted GPU services, mainly due to the high cost and techni...
Info World
By David Linthicum The recent discourse around the security of cloud computing in the banking sector, highlighted by Nicholas Fearn’s piece in the Financial Times, paints a somewhat grim picture of the cybersecurity landscape when it comes to banks moving to cloud computing. Not to pick on just this article, but I’ve seen this as a trend in the past few years, as the value of cloud computing has been called into question more and more. This is a change from just a few years ago when it was verboten to criticize “the cloud.” What happened between then and now? Enterprises saw the weaknesses of ...
Info World
By David Linthicum Back in the early days of the cloud, I had a nice little business taking enterprise applications and reengineering them so they could be delivered as software-as-a-service cloud assets. Many enterprises believed that their custom application, which provided value by addressing a niche need, could be resold as a SaaS service and become another source of income. I saw a tire company, a healthcare company, a bank, and even a bail-bond management company attempt to become cloud players before infrastructure as a service was a thing. Sometimes it worked out. The key hindrance was...
Info World
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