October 25, 2024
Listen and subscribe Financial Freestyle on Apple Podcasts, Spotifyor wherever you find your favorite podcasts. Artificial intelligence has grown by leaps and bounds in recent years, becoming more and more prevalent in everyday life and sparking a mixture of panic and inspiration among potential users. While some fear that AI will replace many types of
October 25, 2024
NayaOnea leader in digital transformation platforms for businesses, today announced that it is driving the rapid adoption of generative AI within the financial services industry by leveraging NayaOne digital sandboxand NVIDIA's accelerated computing platform, including NVIDIA NIM microservices, which are part of the NVIDIA AI Enterprise software platform. Through this work, companies will be able
October 24, 2024
(Bloomberg) - There is a growing divide in the $530 billion semiconductor industry between companies that are riding the artificial intelligence wave and those that are not. And if we consider the first results of this earnings season, this gap could soon widen into an abyss. Most read on Bloomberg “Without AI, the market would
October 24, 2024
Medical illustrators must take complex information and remove what is not the doctor's focus, such as an injury. The AI hasn't learned proper cell anatomy, says David Bolinsky, producer of The Inner Life of the Cell and CEO and creative director of E.mersion Studios.
October 24, 2024
Artificial intelligence has boosted shares of tech companies like Microsoft (MSFT), Amazon (AMZN), NVIDIA (NVDA) and Google (GOOG, GOOGLE) to new heights this year. But the technology that companies promise will revolutionize our lives is driving up something other than stock prices: energy consumption. AI data centers consume enormous amounts of energy and could increase
October 24, 2024
The use of AI in finance was a hot topic at this year's Sibos conference, as banks consider how AI can transform the way financial services are delivered and consumed and, more urgently, the way their data is managed. Using Large Language Models (LLM) to increase efficiency, improve customer service, and improve decision-making has been
October 24, 2024
Conversational artificial intelligence (AI) — using machine learning to facilitate natural language conversations between humans and machines — continues to make inroads in the financial services industry. In a press release published Wednesday (October 23), Kasisto announced some management changes, naming Lance Berks as CEO and Don Layden as executive chairman of its board of
October 23, 2024
Dan Ives is an equity research analyst at Wedbush Securities. He covers the biggest names in tech and always seems to have a handle on the latest megatrends. Right now, artificial intelligence (AI) is making headlines in technology. But one area of AI that might be overlooked is information technology (IT) infrastructure. What does this
October 23, 2024
The federal government's bet to use artificial intelligence to combat financial crime appears to be paying off. Machine learning AI helped the U.S. Treasury Department sift through massive amounts of data and recover $1 billion in check fraud in fiscal year 2024 alone, according to new estimates shared first with CNN. That’s nearly triple what
October 23, 2024
NVIDIA (NVDA) stock closed at a record high Monday as Wall Street analysts maintained their bullish stances on the stock ahead of its November earnings release. Shares of the leading AI chipmaker rose more than 4% to close at $143.71 per share. The move comes as Wall Street analysts reiterate their buy ratings on the
October 23, 2024
(Reuters) - IBM released the latest version of its enterprise-grade artificial intelligence models on Monday, seeking to capitalize on the rise of companies adopting generative AI technology. The “Granite 3.0” models will be made open source, like other versions of IBM's Granite family of AI models. This approach differs from competitors such as Microsoft who
October 23, 2024
Microsoft co-founder Bill Gates knows well the transformative power of technology: he played a crucial role in making personal computing accessible to millions of people through his company's software. And as Microsoft helped bring computers into homes and businesses, transforming industries at every level, it also led it to one of the richest people in
