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Global Fintech Series

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88% of Finance Professionals are Stressed by Shifting Business Priorities, New Yooz Survey Shows

  • A new study by Yooz reveals that 88% of finance professionals are stressed due to shifting business priorities.
  • The study highlights increased workloads, longer hours, and rising stress levels among finance professionals.
  • Budget constraints impact the ability of finance teams to meet strategic goals, leading to operational limitations.
  • Finance professionals believe that automation technology can significantly reduce stress, but misalignment between finance and IT departments hinders adoption.

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Insider

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One of Amazon's top AI executives is out

  • Matt Wood, VP of AI at Amazon Web Services, is leaving after 15 years.
  • Wood's departure comes amid fierce AI competition from Microsoft, Google, and OpenAI.
  • AWS has seen significant executive turnover, with its CEO and other top leaders leaving.
  • Wood hinted that he is likely joining another company in his LinkedIn post.

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Siliconangle

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Teradata and Nvidia team up to drive enterprise AI with customizable open LLMs

  • Teradata Corp. has introduced its Bring Your Own Large Language Model feature to drive faster enterprise return on investment in AI.
  • The feature allows customers to manage their own environments and customize language models to fit their specific needs.
  • Teradata has collaborated with Nvidia Corp. to leverage open LLMs and enhance AI usage and research.
  • Teradata's QueryGrid enables efficient data management and extends the use of language models to handle unstructured data.

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Siliconangle

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Zeta Global to acquire LiveIntent for $250M to expand AI-powered marketing capabilities

  • Zeta Global is set to acquire LiveIntent for $250 million, expanding its AI-powered marketing capabilities.
  • LiveIntent offers a people-based marketing platform that helps brands and publishers reach audiences through email, mobile apps, and the web.
  • Zeta aims to enhance its marketing platform and identity resolution capabilities by integrating LiveIntent's unique hashed email addresses.
  • The acquisition brings over 2,000 publishers into Zeta's network and enables the launch of a product called Publisher Cloud.

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Digitaltrends

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Amazon debuts AI ‘Shopping Guides’ for more than 100 product types

  • Amazon has launched AI-powered Shopping Guides for over 100 product types.
  • The feature is available on Amazon's iOS and Android apps, as well as the website.
  • AI Shopping Guides provide summarized key points and important information about products.
  • Amazon plans to expand the feature and incorporate more product types in the future.

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Siliconangle

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Teradata harnesses trusted data and AI to enhance business strategy

  • Teradata Corp. is partnering with NewtonX Inc. to leverage trusted data and AI to enhance business strategy.
  • Trust in the quality of data is crucial for effective AI implementation, as 40% of executives lack confidence in their data quality.
  • Teradata offers 'golden records,' or trusted datasets, to address the challenge of poor data quality.
  • Companies must focus on AI use cases that create real value for the enterprise, rather than using AI purely for innovation's sake.

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Dev

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AWS Lambda and S3 Just Got Smarter: How AWS Prevents Recursive Loops Automatically

  • AWS Lambda can cause unintentional recursive loops which can lead to skyrocketing costs and consume all your account's available concurrency. AWS Lambda loop detection solves this problem. This feature was initially available for Amazon SQS and Amazon SNS, but now S3 is also included. Lambda can detect and stop the loop, leading to saving money and avoiding downtime. CloudWatch metrics are used to receive recursive loop notifications, and the quickest way to check if a function has an excessive number of recursive invocations is through the RecursiveInvocationsDropped. Also, it is essential to restrain future invocations by setting available concurrency to zero and remove the trigger which invokes lambda.
  • Recursive loops can cause Lambda functions to rapidly scale out of control and affect other critical processes, leaving your entire system unresponsive. Until now, AWS Lambda loop detection was supported for Amazon SQS and SNS, but recently S3 joined this group. AWS prevents recursive loops automatically, saving users from downtime and extra costs. The quickest and the most reliable way to receive recursive-loop notifications is through CloudWatch metrics for the RecursiveInvocationsDropped function.
  • AWS Lambda loop detection was released on Oct 10, 2021, and is a powerful feature that prevents recursive loops between AWS Lambda and S3 bucket. Recursive loops can lead to an endless cycle of repeated invocations, causing chaos in your system. AWS Lambda loop detection allows users to avoid this problem by detecting and stopping any unintentional recursive loops in their AWS accounts. For critical AWS services like Amazon DynamoDB, Lambda cannot detect and stop recursive loops. Therefore, it's vital to restrain future invocations and fix the configuration/code that caused the recursive loop. This will help to avoid costly mistakes and downtime.
  • The update means that AWS Lambda loop detection now supports S3, creating a powerful feature that can detect and stop any unintentional recursive loops with AWS Lambda. By preventing unintentional recursive loops, AWS is helping users save money and avoid downtime. CloudWatch metrics are utilized to receive notifications for recursive-loop detections. AWS allows users to enable or disable the Lambda Recursive Loop Detection feature for their account. Additionally, Lambda allows the possibility of loops when the user needs it for specific architecture features.
  • AWS Lambda is a powerful tool for event-driven, automation, and decoupling tasks. But scenarios like recursive loops can cost you a lot and make your system unresponsive. AWS Lambda loop detection between AWS Lambda and S3 bucket is a simple but powerful feature that can prevent such loops and avoid downtime. It quickly detects and stops any unintentional occurrence of unwanted recursive loops reducing the amount of traffic on your AWS account. CloudWatch Metrics alert you of any issues and provide the best solution to avoid such incidents in the future.
  • AWS Lambda loop detection prevents unintentional recursive loops between AWS Lambda and S3. Recursive loops can cost users their time and money, leading to chaos within their systems. Although Lambda loop detection is supported explicitly for Amazon SQS, SNS, and now S3, Lambdas cannot detect and stop Recursive Loops in critical AWS services like Amazon DynamoDB. Users must understand how to respond and fix configurations/codes that caused them. AWS Lambda detects and prevents recursive loops automatically and notifies you through health dashboard notifications and email alerts. Additionally, users can quickly check for RecursiveInvocationsDropped function metrics.
  • AWS Lambda Loop Detection is a feature that automatically detects and stops any unintended recursive loops between AWS Lambda and S3. The recursive loops can be costly, leading to unexpected charges and consuming all of the available concurrency, affecting other critical processes. AWS Lambda Loop Detection works with CloudWatch Metrics to ensure the most reliable and quickest way to receive Recursive Loop Notifications. Amazon SQS, SNS, and now S3 are supported, but the feature cannot detect recursive loops on critical AWS services like Amazon DynamoDB.
  • AWS Lambda Loop Detection is a crucial update that can prevent users from experiencing unintentional recursive loops between AWS Lambda and S3. Recursive Loops can lead to severe downtime and a sudden spike in charges. AWS Lambda provides a quick solution to these problems with CloudWatch Metrics, which is used to receive Recursive Loop notifications. To avoid Recursive Loops, AWS Lambda users need to restrain future invocations by removing the trigger responsible for recursive loops and setting the available concurrency to zero.
  • AWS has included S3 in the list of services that can cause unintentional recursive loops in AWS Lambda. AWS Lambda can become a problem when it leads to unintentional recursive loops. When the same service or resource triggers a Lambda function, it may create a cycle of repeated invocations. This blog explains how AWS Lambda prevents such problems using Recursive Loop Detection between AWS Lambda and S3 bucket. AWS Lambda Loop Detection now supports S3, and this feature is essential to help users save money by avoiding extra costs and downtime caused by Recursive Loops.
  • AWS Lambda Loop Detection has expanded to include S3 in its service list, making it possible for it to prevent any further unintentional recursive loops. Recursive Loops caused by Lambda functions can lead to the highest possible charges when it comes to AWS accounts. AWS recognizes that these unintended situations are detrimental to both time and money. As a result, the company has provided a savvy solution that involves using CloudWatch Metrics to receive Recursive Loop notifications. Additionally, users must understand how to respond and restrain future invocations.
  • AWS Lambda is a serverless function used for event-driven, automation, and decoupling tasks. However, unintentional recursive loops can turn LAMBDA into a foe and cost downtime and money. The AWS Lambda Loop Detection feature allows Lambda to detect and stop any recursive loops automatically. It works with Amazon SQS, SNS, and S3. Users can receive recursive loop notifications using AWS Health Dashboard notifications or Email alerts, and they can restrain future invocations by disabling the trigger responsible for recursive loops or setting available concurrency to zero.

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Pymnts

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AWS and Smartsheet Enable AI Assistant to Access Work Management Data

  • AWS and Smartsheet have partnered to help companies access their work management data through AWS’ generative artificial intelligence (AI) assistant.
  • A connector has been launched that synchronizes data from Smartsheet’s enterprise work management platform into Amazon Q Business, the AI assistant.
  • The collaboration aims to eliminate data silos and enable organizations to make data-driven decisions by accessing insights from multiple data sources.
  • Amazon Q Business customers will be able to query their AI assistant for information managed in Smartsheet.

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Tech Radar

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Meta AI can imagine anything…except operating in the EU

  • Meta AI is expanding its reach internationally, starting with countries like Brazil, Bolivia, Guatemala, Paraguay, the Philippines, and the UK.
  • Meta AI will debut in 21 countries across Africa, Southeast Asia, and the Middle East in the coming weeks.
  • Meta AI's expansion will include support for multiple languages, including Tagalog, Arabic, Indonesian, Thai, and Vietnamese.
  • Meta has chosen not to expand in European countries due to regulatory demands and concerns about violating privacy and data use rules.

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Dev

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Chunking in AI - The Secret Sauce You're Missing

  • Chunking is a way of breaking down information into manageable portions, which is crucial for building RAG models that fetch real data from external sources.
  • Effective chunking is important for building kick-ass AI applications and getting spot-on answers in text-based AI
  • The right chunk size is determined by considering context, natural boundaries such as sentences or paragraphs, and overlap.
  • Here is an example of Semantic Chunking in Python using LangChain:
  • To build a serverless knowledge base using AWS CDK and Node.js, chunking and indexing are done by retrieving documents from S3 and chunking them using a smart algorithm.
  • Lambda function processes the uploaded document in OpenSearch with metadata that later can be queried to find the most relevant chunks for the application of interest.
  • Advantages of using AWS services like S3, Lambda and OpenSearch include serverless scalability, pay-per-use pricing, and managed services.
  • Building knowledge bases requires choosing chunk size for use case, overlap, and using natural boundaries like paragraphs.
  • Effective chunking makes AI applications smarter and efficient as it reduces processing time and increases the relevancy of results.

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Tech Radar

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NYT Strands today — hints, answers and spangram for Thursday, October 10 (game #221)

  • NYT Strands is the latest word game from the New York Times.
  • Today's theme for NYT Strands is not revealed.
  • The clue words for today's NYT Strands are MASS, PASS, MAST, PAST, PASTY, PASTRY.
  • Today's spangram hint is 'Where's Strands?'

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Tech Radar

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Quordle today – hints and answers for Thursday, October 10 (game #990)

  • Quordle offers a genuine challenge, but hints and answers can help you solve the puzzles.
  • Quordle has been around for nearly 1,000 games and is still going strong.
  • Quordle hint #1 - Vowels
  • Quordle hint #2 - Repeated Letters
  • Quordle hint #3 - Uncommon Letters
  • Quordle hint #4 - Starting Letters (1)
  • Quordle hint #5 - Starting Letters (2)
  • Today’s Quordle answers: UNTIL, MARSH, METAL, WINDY
  • The biggest challenge will likely have been in avoiding the wrong answers for the MARSH.
  • Quordle offers a great exercise for word game lovers to play while enhancing their vocabulary.

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Dev

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Trigger Lambda Function From Amazon SQS - (Let's Build 🏗️ Series)

  • 1- Architecture Overview (Terraform)
  • 2- About AWS Services (Info)
  • 3- Technical Part (Code)
  • 4- Result

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Digitaltrends

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Viture solved the biggest problem with smart glasses

  • Viture has solved the issue of shareability with smart glasses with its Mobile Dock. The dock supports two pairs of Viture smart glasses, making it perfect for sharing a virtual screen with others. Viture’s One and Pro models offer electrochromic dimming to block ambient light and sharpness adjustments for myopia. Multiple Pro Mobile Docks can be chained together to share with more people. The dock includes a battery with 13,000 mAh capacity and can also be used to charge a phone. Pro Mobile Dock is a versatile device that takes a burden off of your phone’s battery at a price of $130.
  • One of the biggest issues with smart glasses is shareability. Viture has solved the problem with its Mobile Dock that supports two pairs of Viture smart glasses. Sharing one video stream when wearing smart glasses is crucial for sharing a virtual screen with others.
  • Viture’s One and Pro models are best for iPhone users with electrochromic dimming and sharpness adjustments for myopia. With Viture’s One and Pro models, one tap switches on electrochromic dimming to block ambient light well enough to watch a movie outside on a sunny day.
  • The Viture Mobile Dock is a portable system that connects to any USB-C display device. Each person can adjust volume, brightness, and ambient dimming separately with the three buttons on the left earpiece of the Viture glasses. The dock has a battery with 13,000 mAh capacity, which can last for hours without draining the phone’s battery
  • The Viture Pro Mobile Dock costs $130, takes the burden off your phone’s battery, doubles as a 20W phone charger, and accepts HDMI input. Multiple Pro Mobile Docks can be chained for more people. Viture confirmed that this method works with up to four pairs of smart glasses. The dock supports the latest smart glasses from Xreal, RayNeo, and Rokid.
  • Viture’s Mobile Dock expands compatibility with other brands and is energy efficient. Viture estimates up to 4 hours of use with a Steam Deck, eight hours with a Nintendo Switch, and 20 hours with HDMI devices. The dock can be recharged in 2.4 hours with a 20-watt adapter, so it’s ready to go again without delaying.
  • The Viture Pro Mobile Dock is a worthwhile accessory for anyone with Viture smart glasses. It’s a perfect gift idea for sharing virtual screens with friends and family, playing multiplayer console games, watching movies, and enjoying a big, vibrant screen.

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Cloudwards

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Email Security: A Guide to Keeping Your Inbox Safe in 2024

  • Email is not a secure form of communication and sending sensitive information via email should be avoided.
  • Email can be targeted by phishing attacks, spoofing attacks, spam campaigns, malware and frauds.
  • To protect your email accounts, use complex passwords with multi-factor authentication, and third-party software like a VPN or antivirus; use email encryption services.
  • Avoid checking emails on public Wi-Fi, never open emails from unknown senders, and use strong, unique passwords that aren't reused across multiple accounts.
  • Encrypting your emails is vital to ensure only intended recipients can read them.
  • DNS records are essential for email protection, allowing email security solutions to detect, authenticate and block malicious emails.
  • Several email security tools like DMARC Protocol, Multi-Factor Authentication, Phishing Training Exercises, and Email Encryption can be effective in securing your email accounts.
  • Companies that provide comprehensive email security solutions are Mimecast, Avanan, and Barracuda.
  • It's crucial to protect both personal and professional emails for securing sensitive information as email-based attacks are on the rise.
  • Using several security methods in combination with robust email security practices could enhance email safety significantly.

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