Covering Scientific & Technical AI | Monday, November 25, 2024

financial services

Leveraging GenAI and LLMs in Financial Services

Data and large language models (LLMs) can save banks and other financial services millions by enhancing automation, efficiency, accuracy, and more. McKinsey reports that the productivity lift from generative AI can ...Full Article

Nvidia Touts Strong Results on Financial Services Inference Benchmark

The next-gen Hopper family may be on its way, but that isn’t stopping Nvidia’s popular A100 GPU from leading another benchmark on its way out. This time, it’s the ...Full Article

Financial Institutions Continue to Cautiously Embrace AI, But More Data Scientists Needed

As banks and financial institutions look to expand their use of AI in their operations, having compelling reasons to deploy the technology are now the norm. But a large ...Full Article

Here’s Why Enterprise AI Is Being Drafted to Fight Stimulus Fraud

Without an enterprise AI approach, prosecutors who see fraud in the federal government’s Paycheck Protection Program admit there are too many scams to count, let alone stop. Organized crime ...Full Article

IBM Launches AIOps, 5G Network Edge, Financial Cloud Products at Digital Think

IBM issued several product announcements this morning to kick off the company’s annual Think conference (this year called Think Digital) that include automated IT infrastructure monitoring and diagnosis (i.e., ...Full Article

Linux Foundation Expands Fintech Reach

The financial services sector continues to embrace the open source movement, often playing a leading role in establishing standards and best practices. A prime example is the pivotal role ...Full Article

Survey: AI Must Be a ‘Strategic Lever’

Hyper-scalers are racing to deploy AI technologies. Meanwhile, other sectors such as finance, healthcare and transportation ramping up AI initiatives are confronting challenges while considering precisely where automation technologies ...Full Article

Banking Sector Embraces Multi-Cloud

The financial services sector tends to be a bellwether for early adoption of disruptive technologies. For example, financial services giant Goldman Sachs played a key role in forging an application ...Full Article

HPC and AI at the Forefront of Finance

You’ve heard this one before: HPC has the potential to transcend science and engineering to transform commercial applications in the enterprise. Won’t it be grand when HPC is no ...Full Article

How FPGAs Accelerate Financial Services Workloads

Editor’s note: While FSI companies are unlikely, for competitive reasons, to disclose their FPGA strategies, James Reinders offers insights into the case for FPGAs as accelerators for FSI by ...Full Article
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