Thursday, July 16, 2020

High Quality Data Key to Eliminating Bias in AI

Biases are an incurable symptom of the human decision-making process. We make assumptions, judgements and decisions on imperfect information as our brains are wired to take the path of least resistance and draw quick...

AI Trends Weekly Brief: AI in Fintech

AI Pushing Financial Sector to Innovate, While Fintech Startups Offer New Banking Models Fintech, or Financial Technologies, represents many technologies that have disrupted traditional financial services. Fintech is advancing mobile payments, money transfers, loans, fundraising and...

KPMG Announces Agreement With IBM Watson To Help Deliver Cognitive-Powered Insights

KPMG LLP and IBM (NYSE: IBM) today announced plans to apply IBM’s Watson cognitive computing technology to KPMG’s professional services offerings. The agreement, including a focus on auditing services, builds on several recent successful KPMG initiatives demonstrating the...

AI Trends Interviews Balazs Klemm of Almax Analytics

Yesterday, AI Trends covered the seed round funding of Almax Analytics. Earlier today, we caught up with their CEO, Balazs Klemm. AI Trends: Congratulations on your seed funding.  Can you tell us how much you have raised?  Balazs: We...

Goldman Sachs investing in artificial intelligence

Wall Street banks are investing in artificial intelligence and machine learning. Goldman Sachs is going big on big data. Don Duet, cohead of the bank's technology division, said the firm was investing deeply in artificial intelligence...

Barclays Appoints Adam Kelleher as Chief Data Scientist for Research

Barclays has announced the appointment of Adam Kelleher as Director and Chief Data Scientist for Research. In this newly created role, he will be responsible for building a new global team of data scientists...

Is Artificial Intelligence the Next Dot-Com Bubble?

If you’ve played Texas Hold’em, then you know how tough it is to be a good poker player. Lots of venture capitalists like to play poker, so it wasn’t surprising to see one who...

The Battle of the Quants, AI is the Next Big Thing in Trading

Bartt Kellermann, chief executive officer and founder of Global Capital Acquisitions, discusses "the battle of the quants," quantitative based trading and employing artificial intelligence to power hedge funds. He speaks to Bloomberg's Rishaad Salamat...

Customer Service AI Bot Being Tested by Royal Bank of Scotland

If you hate dealing with bank tellers or customer service representatives, then the Royal Bank of Scotland might have a solution for you. The bank is testing a text-based artificial intelligence bot named Luvo that...

IBM uncovers rapid rise of Watson in everyday banking

IBM has spent the last 6 to 8 months trying to help the global banking community to move to the next stage in banking, which it calls the Cognitive Bank, using AI to improve...




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