How can project sponsors help projects succeed?
Most projects flounder when sponsors are absent, hiding, or unsure of their role. Project managers and teams suffer dysfunctional consequences when project sponsors interfere or shirk their roles. Ideally, project sponsors collaborate with project managers and stakeholders to position projects for success, reduce risks, and mitigate the impact of issues that arise as projects progress. […]
Bell, Cohere sign AI infrastructure deal to expand Canadian sovereign AI
Bell Canada has signed an artificial intelligence infrastructure agreement with Toronto-based Cohere that will see the AI company operate its large language models through Bell AI Fabric. The deal will use Canadian data centre infrastructure and technology from Buzz High Performance Computing, Hypertec and NVIDIA to support enterprise and government AI workloads. Under the agreement, […]
AI pioneer Yann LeCun calls Elon Musk’s xAI a ‘failure’
Artificial intelligence pioneer Yann LeCun says Elon Musk’s xAI is unlikely to compete at the leading edge of the AI industry. LeCun also warned that rising costs and continued investor subsidies across the sector could eventually lead to a “big bubble explosion.” LeCun, founder of AMI Labs and former chief AI scientist at Meta, made […]
South Korea central bank warns tech bonuses could fuel inflation
South Korea’s central bank is warning that unusually large bonuses paid to employees at major technology companies could add to inflationary pressures across the economy. The Bank of Korea said the exceptional scale of performance payouts at companies such as Samsung Electronics and SK Hynix could lead to broader wage increases and stronger consumer spending. […]
Microsoft sued by shareholders over Azure growth and AI spending
Microsoft is facing a proposed shareholder class-action lawsuit alleging the company misled investors about slowing growth in its Azure cloud business and the costs associated with expanding its artificial intelligence infrastructure. The lawsuit was filed after Microsoft’s shares plunged 10 per cent on Jan. 29, wiping out about US$357 billion in market value in the […]