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Hello and welcome to your 2-Minute Tech Briefing from Computerworld. I’m your host, Arnold Davick, reporting from the floor of the New York Stock Exchange. Here are the top IT stories you need to know for Wednesday, January 7th. Europe’s banks could be heading for job cuts.
Over 200,000 banking jobs in Europe could disappear by 2030 as banks invest in AI and closed branches. That’s according to a Morgan Stanley analysis cited by the Financial Times, that would be about 10% of the workforce at 35 major banks.
The biggest reductions are expected in back office, work, risk management and compliance. Some banks project a 30% efficiency boost. Leaders, however, warn banks not to lose sight of the basics and the fundamentals as they adopt AI. Nvidia just made a big AI chip move without buying anyone.
Nvidia says it’s taken a non exclusive license to Groq IP and hired talent from Groq and clarified it did not acquire Groq. Groq makes AI inferencing chips LP use and runs Groq cloud.
Its SRAM based design could ease supply limits since Nvidia chips are sold out or fully utilized. TechCrunch reported the deal could be worth up to $20 billion it’s a license and hiring deal, not an acquisition.
And finally, have you ever wished you could change your Gmail address without starting over? Google may soon offer a feature to do just that.
According to telegram group Google Pixel hub via nine to five Google a Hindi version of Gmail support page says the feature is being rolled out gradually to all users.
Your old address would remain an alias and you could log in with both addresses, you wouldn’t be able to create another new Gmail, however, linked to the account for 12 months. It’s unclear when users might gain access to that feature.
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