If you had to guess which news organization would create a large AI model first, Bloomberg would be a likely contender. Despite its achievements in branching out into news for the general public in recent years, Bloomberg’s core focus is on data. Their terminals, which cost $30,000 per year, drive their business. On Friday, Bloomberg …
BloombergGPT: AI for Business News with Decades of Financial Data Read More »
While it is possible to deceive AIs like Google Bard, ChatGPT, and Bing AI (which is based on chatGPT), leading them to provide false information or act in a manner inconsistent with reality, this does not mean we can never trust AI. In fact, we already rely on AI in numerous areas of our lives, …
AI Doesn’t Care: Stop Complaining About ChatGPT and Bing’s Errors Read More »
There are some experts who believe that AI may have advanced too quickly and pose a threat to humanity. They think that if the development of AI is not controlled, it could become dangerous. This article delves into how Google tackled these concerns by using foundation models and generative AI to develop innovative products and …
Google’s Safe and Bold Product Roadmap Revision with Generative AI Read More »
Baidu, the Chinese search engine company, has taken legal action against Apple and “relevant” app developers for producing fake copies of their Ernie bot app, which were available on the App Store. Ernie bot, an AI-powered chatbot launched by Baidu last month, has been referred to as China’s closest competitor to the US-developed ChatGPT. Baidu …
Baidu sues Apple and app developers for copying Ernie Bot Read More »
Banks are known for embracing advanced technology to offer better customer service and fulfill regulatory obligations. Now, with AI on the rise, banks can take advantage of language tools like ChatGPT to increase efficiency, simplify processes, and improve their offerings. There are numerous ways in which banks can use ChatGPT to their advantage, and the …
Don’t let the Chat GPT hype put you off: large language models (LLMs) and generative artificial intelligence (AI) are the secret weapons banking needs to face down Big Tech’s threat. According to Leon Gauhman, co-founder and CPO/CSO of Elsewhen, LLMs and generative AI are crucial for banks to stand up against the threat posed by …
How Generative AI is Helping Banks Tackle the Big Tech Challenge Read More »
When you purchase something, it’s easy to just swipe your card without giving it much thought. However, if you take a closer look at why and how you make those purchases, you’ll find that your financial education, values, and generational norms all play a role. Each generation has its own set of values that influence …
Personal Finance Habits Across Generations: Any Differences? Read More »
AI, particularly Chat-GPt, is becoming crucial for businesses to stay relevant in global trends. The financial sector is adopting ESG principles, with many firms prioritizing sustainability roles to align with ESG reporting. Task Force on Climate-Related Financial Disclosures (TCFD) has developed a framework to disclose climate-related risks and opportunities, with momentum gained in most European …
AI Revolutionizes Banking Sustainability: ChatGPT at work Read More »
The rise of artificial intelligence is evident, and although relying on ChatGPT for investment advice is not recommended, financial advisors can benefit from OpenAI’s technology to enhance their work and improve customer experience. Here are seven ways to leverage ChatGPT to your advantage as a financial advisor: Read more at Linkedin
Financial services CX leaders have been searching for the perfect tools to improve customer service and grow their business for years. ChatGPT has been proposed as a game-changer in the industry, with some suggesting it could replace human workers. However, Matt McConnell, director of Intradiem, which specializes in automated intelligence solutions for customer service teams, …
Intradiem: 3 Factors to Consider for ChatGPT in Financial Services CX Read More »
