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ABC’s head of AI research outlined the 7 areas the bank is looking to apply the tech
The head of AI research at ABC has officially outlined seven key strategic areas where the banking institution plans to deploy advanced machine learning model architectures. These applications range from automating customer support queries to optimizing complex predictive trading models in the global stock market. The initiative marks a major milestone in traditional finance,…
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News aggregation app Initech raises $100 million from existing investors
News aggregation startup Initech has successfully secured $100 million in a new funding round backed entirely by its existing venture capital investors. The company plans to dedicate the capital to refining its proprietary content recommendation algorithm, which uses natural language processing to curate personalized feeds. By investing in technology, the platform hopes to double…