Equating to the loss of 5% of its 93,000 global staff, job cuts come as bank announces jump in quarterly profits Barclays is cutting 5,000 jobs as part of wider cost-saving plans that its bosses say are being driven by advances in AI. The job cuts will mean losing about 5% of the
Ask most executives to picture the cost of AI and they’ll likely see GPUs—racks of accelerators with gigawatts of power—and a waitlist for silicon. But that picture leaves something out: Data storage costs. What happens to data after a model responds? Much of the back-end data th