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The Latest Breaking News from Capgemini

Financial firms are still struggling to get the best value out of AI

Banks and insurers are being advised to focus on their data foundations, so they can benefit from AI.

TechRadar

The number of super-rich people is exploding—and it’s raising the bar for what’s considered ‘wealthy’

For ultra-high-net-worth individuals, $30 million is the bare minimum—for now.

Fortune

Dell confirms it is investigating data breach after employee info leaked

A hacker says they stole employee info on more than 10,000 people and Dell is currently looking into it.

TechRadar

From analysis to the latest developments in health,
read the most diverse news in one place.

Hacker claims to have stolen 20GB data hoard from Capgemini, and is threatening to leak it all

The stolen Capgemini data allegedly includes source code and passwords.

TechRadar

Generative AI is here, and rolling out to more workplaces than ever

Businesses are more optimistic about generative AI after seeing healthy initial boosts.

TechRadar

Software workers across the globe are excited to get using Gen AI at work

Generative AI promises huge efficiency improvements for software workers, but companies need to keep up with the pace.

TechRadar

Capgemini Report: US Leads Global Surge in Millionaires with 500,000 New Additions in 2023

A new study has found that the United States significantly surpassed the rest of the globe in creating millionaires last year.

International Business Times UK

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AI frenzy helps mint 600,000 new U.S. millionaires, trouncing the rest of the world

Stock market gains have helped make North America the region with the highest rate of millionaire growth in the world.

Fortune

Crazy Rich Investors Get Burned Loading Up On This 'Safe' Asset

The world's richest investors are loading up on safe assets — at exactly the wrong time as the S&P 500 is rallying.

Investors Business Daily

Surge in global wealth sees number of millionaires hit new high

The world has never had so many wealthy people – with fortunes being fuelled by soaring stock markets and strong economic growth in 2023, a study published Wednesday found.

Radio France Internationale

World's Richest Have Never Been So Wealthy: Study

The world has never had so many rich people and their investments in soaring stock markets have made them wealthier than ever recorded, according to a study published on Wednesday.

International Business Times

Classroom to cubicle: filling the digital skill gap

Magic Bus India Foundation operates 18 Livelihood Centres in Bengaluru, offering digital courses to unemployed graduates from marginalized communities.

The Hindu

Post Office Horizon scandal: four reasons why the government's model for outsourcing is broken

For over a decade, the Post Office and its supplier, Fujitsu, insisted that the Horizon system used in its branches was completely “robust”. When discrepancies appeared in hundreds of branch accounts across the country, the Post Office refused to believe the system was at fault and didn’t challenge the information…

The Conversation

RTO battle heats up as quarter of companies plan office investment

Capgemini's CEO said companies were beginning to find an "equilibrium" of hybrid work.

Fortune

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StockNews.com

3 Grocery Stocks to Buy Paving the Way for Monthly Gains

The grocery sector stands out as a promising investment option, thanks to the inelastic demand for its products and the adoption of e-commerce platforms. So, fundamentally strong grocery stocks Kroger (KR), Albertsons Companies (ACI), and Village Super Market (VLGEA) might be solid buys for monthly gains. Read more.

The Independent UK

Bundee Aki and Antoine Dupont among nominees for World Rugby Men’s Player of the Year

Eben Etzebeth and Ardie Savea also feature on a four-player shortlist

AnandTech

Arm Total Design to Facilitate Development of Custom Datacenter SoCs

Arm this week introduced its Arm Total Design initiative, which is aimed at accelerating development of custom datacenter-oriented system-on-chip (SoC) designs using Neoverse Compute Subsystems (CSS). The collaborative ecosystem unites various developers in a bid to speed up time-to-market and reduce development costs of custom SoCs for AI, cloud, and…

TechRadar

Many telcos aren't on board with AI just yet

Businesses need to pay attention to the carbon footprint of using AI at scale.

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Investors Business Daily

Crazy Rich Investors Dump Stocks And Buy This Instead

It's been a rough year for high net worth investors. And they're starting to act scared with their money.

Evening Standard

World’s richest suffer biggest wealth drop in a decade

The world’s richest individuals have seen the biggest annual decline in the size of their wealth for a decade, new research has revealed, in signs even internationally mobile billionaires are taking a knock from soaring inflation and a slowdown in economic growth.

The Street

Walmart and Target Battle for Last Mile Supremacy

Such services cost a lot of money, which is why both retailers need to convince customers to buy more and buy more often.

Evening Standard

20,000 hidden swimming pools found in France thanks to new AI technology

New AI software by Google and Capgemini is able to spot pools using aerial imagery

AFP

France taxman deploys AI spy to spot hidden swimming pools

Paris (AFP) - France's tax authority said Monday that a new artificial intelligence system had found thousands of undeclared swimming pools, allowing it to collect millions of euros from homeowners who failed to report the facilities.

The Hindu

AI Challenge to help identify, classify potholes of Hyderabad

The T-AIM, Capgemini initiative is to help GHMC with insights to undertake repairs.

The Hindu

Forest AI grand challenge winner announced

Think Evolve Consultancy chosen by T-AIM to receive mentoring support up to ₹20 lakh award

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