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Taktile makes it easier to leverage machine learning in the financial industry

TechCrunch

Meet Taktile , a new startup that is working on a machine learning platform for financial services companies. This isn’t the first company that wants to leverage machine learning for financial products. They could use that data to train new models and roll out machine learning applications.

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Banks bet on AI to deliver digital efficiencies

CIO

The Global Banking Benchmark Study 2024 , which surveyed more than 1,000 executives from the banking sector worldwide, found that almost a third (32%) of banks’ budgets for customer experience transformation is now spent on AI, machine learning, and generative AI.

Banking 212
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9 IT resolutions for 2025

CIO

They want to expand their use of artificial intelligence, deliver more value from those AI investments, further boost employee productivity, drive more efficiencies, improve resiliency, expand their transformation efforts, and more. CIOs are an ambitious lot. Heres what they resolve to do in the upcoming 12 months.

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How AI orchestration has become more important than the models themselves

CIO

As many companies that have already adopted off-the-shelf GenAI models have found, getting these generic LLMs to work for highly specialized workflows requires a great deal of customization and integration of company-specific data. Large language models (LLMs) just keep getting better. From Llama3.1 to Gemini to Claude3.5

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Hugging Face collaborates with Microsoft for new AI-powered Azure service

TechCrunch

Fresh off a $100 million funding round , Hugging Face, which provides hosted AI services and a community-driven portal for AI tools and data sets, today announced a new product in collaboration with Microsoft. ” “The mission of Hugging Face is to democratize good machine learning,” Delangue said in a press release.

Azure 246
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Udacity raises $75M in debt, says its tech education business is profitable after enterprise pivot

TechCrunch

Online education tools continue to see a surge of interest boosted by major changes in work and learning practices in the midst of a global health pandemic. The funding will be used to continue investing in its platform to target more business customers. Now it’s time to build out a sales team to go after them.”

Education 295
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Predibase exits stealth with a low-code platform for building AI models

TechCrunch

-based companies, 44% said that they’ve not hired enough, were too siloed off to be effective and haven’t been given clear roles. “The major challenges we see today in the industry are that machine learning projects tend to have elongated time-to-value and very low access across an organization.