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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.

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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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Bandit ML helps e-commerce businesses present the most effective offer to each shopper

TechCrunch

Conti acknowledged that there’s other discount-optimizing software out there, but he suggested none of them offers what Bandit ML does: “off the shelf tools that use machine learning the way giants like Uber, Amazon and Walmart do.” It also raised a $1.32 It also raised a $1.32 Image Credits: Bandit ML.

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9 IT resolutions for 2025

CIO

Wetmur says Morgan Stanley has been using modern data science, AI, and machine learning for years to analyze data and activity, pinpoint risks, and initiate mitigation, noting that teams at the firm have earned patents in this space. CIOs are an ambitious lot. Heres what they resolve to do in the upcoming 12 months.

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Foxglove raises $15M to build dev infrastructure for robots

TechCrunch

While at Cruise, Macneil says that he saw firsthand the lack of off-the-shelf tooling for robotics and autonomous vehicle development; Cruise had to hire entire teams to build tooling in-house, including apps for visualization, data management, AI and machine learning, simulation and more. Image Credits: Foxglove.

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Black Box Machine Learning in the Cloud

Erik Bernhardsson

There’s a bunch of companies working on machine learning as a service. Instead of the negative let’s go through the ways I think a machine learning API can actually be useful (ok full disclosure: I don’t think it’s very many). Focusing on a particular niche makes it easier to build something that works off the shelf.