Search results for "GAI"
14:02
Modular Blockchain developer Inco announced the completion of a $4.5 million funding round and the launch of the first testnet "Gentry", led by 1kx, with participation from Circle Ventures, GSR, Polygon Ventures, Robot Ventures, Alliance DAO, zkSync developer Matter Labs, and others, but the company's founder, Remi Gai Declined to disclose the valuation information of this round of financing. Inco was founded last August, and its second testnet, Paillier, is scheduled to be released between Q2 and Q3 this year, with Mainnet scheduled for Q4. (TheBlock)
09:54
According to a report from the Webmaster's House on August 21, LinkedIn released a set of statistics on artificial intelligence, paying special attention to the impact of ChatGPT launched by OpenAI on the AI market. Since ChatGPT was launched in November 2022, the number of English-language job postings related to GPT or AI technologies such as ChatGPT has increased by 21 times worldwide. The public success of ChatGPT has significantly contributed to the growth of the AI industry, even though major tech companies such as Google, Microsoft, etc. had invested heavily in AI before ChatGPT. According to the data, 92% of U.S. decision makers believe that interpersonal skills, such as the ability to interact effectively with colleagues or clients, will become more important in the future as personal tasks are increasingly automated. While less than half believe generative AI will increase productivity, 44% plan to expand the use of AI in the coming year. However, only 4% said they planned to change their jobs or lay off workers because of AI. In addition, the number of generative AI-related posts on the LinkedIn platform has increased by 25% per month, and since the beginning of the year, mentions of generative AI keywords (such as "GAI", "ChatGPT", "_ Engineering", "_Crafting ’) profile increased by 75% every month.
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08:32

Deloitte: Generative artificial intelligence will have a major impact on the investment banking industry and the entire financial services industry

Deloitte released the report "Financial Services Industry Forecasts to 2023". The report highlights the impact of data and emerging technologies, products and services, and climate change on the future of financial services, and consequently on society and the economy. The report makes some predictions for the financial services industry over the next decade. Deloitte pointed out that a new generation of artificial intelligence is expected to improve productivity. Generative artificial intelligence is expected to have a major impact on investment banking, and financial services in general, as companies explore how to harness the power of technology to increase productivity. Deloitte predicts that the world's top 14 investment banks could increase their front-office productivity by an average of 25% by using generative artificial intelligence (GAI), resulting in potential additional revenue of $3 million per front-office employee by 2026, This compares to an average of $11.3 million for the 2020-22 period.
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12:35
According to PRNewswire, on July 31, Deloitte released the "2023 Financial Services Industry Forecast" report. The report highlights the impact of data and emerging technologies, products and services, and climate change on the future of financial services, and consequently on society and the economy. The report makes some predictions for the financial services industry over the next decade. Deloitte pointed out that a new generation of artificial intelligence is expected to improve productivity. Generative artificial intelligence is expected to have a major impact on investment banking, and financial services in general, as companies explore how to harness the power of technology to increase productivity. Deloitte predicts that the world's top 14 investment banks could increase their front-office productivity by an average of 25% by using generative artificial intelligence (GAI), resulting in potential additional revenue of $3 million per front-office employee by 2026, This compares to an average of $11.3 million for the 2020-22 period.
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00:30
Jinse Finance reported that the SEC has targeted the operators of dozens of fraudulent websites that it says offer exorbitant returns on investments in a range of securities products, including crypto assets. The SEC said in a lawsuit filed Thursday in U.S. District Court for the District of Massachusetts that the sites were behind the promise of returns as high as 61.9 percent within 24 hours. The defendants include the unnamed operators of sites such as GA-Investors.org (GAI), which guarantee daily returns between 2% and 4.5%.
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