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Stock impact report

The CEO of Capgemini has a warning. You might be thinking about AI all wrong [Fortune]

CAPGEMINI SE UNSP/ADR (CGEMY) 
NASDAQ:AMEX Investor Relations: investors.capgemini.com
Company Research Source: Fortune
Now, chief executives are increasingly having FOMO about applied AI. The financial bets are large enough for boards to wince at capex implications. The outcomes are shrouded in mystery, a particular irritant for leaderships teams obsessed with data and clarity. Recommended Video Step forward, Aiman Ezzat, the chief executive of technology and consultancy business Capgemini . The French Fortune 500 Europe giant has been in the news after it agreed to sell its U.S. subsidiary, Capgemini Government Solutions, which had been providing tracing and removal data for Immigration and Customs Enforcement (ICE) in America. In line with the great tech sell-off over AI spending fears, Capgemini's share price has been laboring. I spoke with Ezzat before the controversy over ICE blew up (Ezzat explained on LinkedIn that the American business acted autonomously to protect U.S. classified information). He told me that business leaders were treading a fine line with AI. There is a sweet spot some Show less Read more
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