“Banks are data-heavy industries and the transactional data of customers that they collect “provide many more insights than every other industry data set actually can,” said Stiene Riemer, partner at Boston Consulting Group.” https://www.cnbc.com/video/2023/11/14/ai-is-set-to-transform-the-banking-sector-boston-consulting-group-says.html
How generative AI is entering the conversation in banking
“Ally.ai, the bank’s cloud-based platform, which utilizes AI to transcribe contact center calls in real time, thereby freeing agents from multitasking and allowing them to focus on the client conversation, has already been deployed to more than 700 customer service reps.” https://www.americanbanker.com/list/how-generative-ai-is-entering-the-conversation-in-banking
Sam Altman to return as CEO of OpenAI
“The company said in a statement late Tuesday that it has an “agreement in principle” for Altman to return alongside a new board composed of Bret Taylor, Larry Summers, and Adam D’Angelo. D’Angelo is a holdover from the previous board that initially fired Altman on Friday. He remains on this new board to give the…
Could Sam Altman really be unfired?
“On Saturday night, the Wall Street Journal reported that investors were trying to bring Sam Altman back as CEO of OpenAI. Maybe you saw that headline and thought, Wait a minute . . . wasn’t he fired . . . one day earlier?” https://www.fastcompany.com/90986021/could-sam-altman-really-be-unfired
Greg Brockman quits OpenAI after abrupt firing of Sam Altman
“OpenAI co-founder and president Greg Brockman has quit the firm, he said Friday, hours after the Microsoft-backed giant abruptly fired its chief executive Sam Altman and assured that Brockman would remain at the startup. Brockman’s sudden departure adds to the day’s uncertainties at OpenAI, following closely on the heels of its maiden developer conference led…