Banking Exchange: The State of GenAI in Risk & Compliance for Banks
The use of generative AI for risk and compliance applications is now a reality for financial institutions.
The use of generative AI for risk and compliance applications is now a reality for financial institutions.
Three top tech firms on Tuesday announced that they will create a new company, called Stargate, to grow artificial intelligence infrastructure in the United States
Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to a market survey conducted by Bloomberg Intelligence.
This gives a good overview of retail banking trends in 2025.
Sam Altman says “we are now confident we know how to build AGI”
Quantum computing company Equal1 has created a quantum processing unit (QPU) that can be built using conventional semiconductor manufacturing processes.
Some interesting predictions for 2025.
Google has introduced a new quantum chip (Willow) that can reduce errors exponentially as it scales up using more qubits.
Imagine sitting down with an AI model for a spoken two-hour interview.
Great study by the Bank of England of what is happening in AI in Financial Services.
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