“AI is likely to make its way to the operations of financial institutions, which anticipate that AI will reduce their operating expenses significantly. AI will also help financial institutions manage security. They can then identify threats and fraud risks so they can guard their customers against cyberattacks, Financial institutions can become more customer-centric because AI…
Month: July 2021
Micron Technology Puts Its Cash to Work Using Artificial Intelligence
“The technology gives Micron recommendations for different asset classes and financial institutions that promise the highest yield. It takes into consideration the company’s limits for the amounts of money it can deposit with a particular institution or invest in a certain type of asset. Micron, which makes memory chips and storage devices for things ranging…
Sony Currently Testing ‘Smart City’ Powered by its AI Cameras
“Sony has published a new showcase of how its IMX500 sensors — backed by artificial intelligence (AI) processing — are at the core of three “smart city” trials currently being run in Rome, Italy. Its implications for public transportation are also significant, as the cameras can help transit authorities plan routs and keep areas properly…
AI brings promise and peril to customer relations management
“At the moment, one of the chief complaints aimed at companies large and small is the long wait times at call centers and in email replies. A properly trained AI-driven CRM platform will be able to handle most common queries with little to no delay, sending the more complicated requests to service reps, who should…
Facebook Robots Are Getting Smarter, Watch Them In The Wild (Video)
“Since it’s not possible to pre-program the infinite range of experiences that can happen in the real world, robots are learning how to adapt to the unknown by training in simulation on millions of trial and error iterations – similar to how babies learn. ‘Our goal is to bring the benefits of deep learning to…