Morgan Stanley uses AI to modernise ancient code
And they said it could not be done
While most of Big Tech is still fumbling with AI tools that choke on COBOL, beancounters Morgan Stanley has quietly rolled out a GPT-based system to deal with the crusty legacy code clogging up its systems.
US tech faces investor chill over Trump tax twist
Section 899 sparks panic as foreign cash eyes the exit
US tech giants could be staring down the barrel of another self-inflicted wound courtesy of a barely noticed clause in Donald Trump’s new budget bill.
Musk’s "game changing" robots were run by humans again
They could just manage to walk
It seems after spending a fortune in development, Elon [look at me] Musk’s robots are not much closer to hitting the shops.
Morgan Stanley pays $35 million for data security lapses
Unwiped, unencrypted hard drives flogged on auction sites
Morgan Stanley is paying the Securities and Exchange Commission (SEC) a $35 million penalty to settle a claim that it flogged unencrypted hard drives from decommissioned data centers on auction sites without first being wiped.
AMD stock price wobbles after downgrade
Morgan Stanley dishes the dirt
Analysts at Morgan Stanley think that the stock price of AMD is too high and have issued a warning that it could fall as far as $8 per share.
Morgan Stanley tests ARM on its datacentres
AppliedMicro flavour
Finance outfit Morgan Stanley has been testing AppliedMicro ARM processors for its data centres and come back with shedloads of real world experience.