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It’s hard not to draw a direct line between OpenAI and artificial intelligence. The startup’s ground-breaking invention, ChatGPT, is already tightly intertwined with so many areas of human life, even though it’s been around for less than two years. Naturally, OpenAI and GPT, their AI model that’s getting progressively more advanced, make up a thick…
Businesses are after AI assistants big time. They enhance productivity, increase customer satisfaction, save money, and improve lots of other things. 83% of firms claim that AI is their top priority, while 9 in 10 companies count on it to ensure a competitive advantage in the market (Exploding Topics). Even though AI comes in many…
Conversational AI for finance is a true industrial paradigm shift. The financial inclusion rate has been steadily rising over the years, which led to the fact that over 70% of the global population has an account with one or even several financial service companies. The idea that people still handle this work volume is enough…
Big data analytics in the insurance industry is hardly news. The sector was one of the first major finance players to tap into the potential of information technologies, and it remains true to its original course. After all, what insurance providers do is they assess risks and hedge against financial losses. That requires a lot…
Big data analytics in banking is everything. This industry is built on the idea that today you should be making decisions wiser than yesterday’s, so it doesn’t say no to the opportunity for amelioration. Mordor Intelligence writes that the banking market size is expected to grow from $6.97 million in 2023 to $19.72 million around 2028,…