Fri.Jul 26, 2024

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AI in Banking – How Artificial Intelligence is Used in Banks

insideBIGDATA

In this contributed article, Ishan Gupta. CEO and Co-founder of RipenApps, discusses how banks have historically been at the forefront of technological advancements, they are renowned for using computers as well as providing internet-based financial services. However, the rise of AI has brought with it a new dawn of innovations. These days, AI is disrupting the entire banking sector in several ways.

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Bayesian Thinking in Modern Data Science

KDnuggets

Discover how Bayesian thinking transforms decision-making with its unique approach to updating initial beliefs with new evidence.

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Can AI Help us Achieve Work-Life Balance?

Analytics Vidhya

Introduction Joanna Maciejewska recently expressed a thought-provoking sentiment on X: This statement captures a significant sentiment among millennials who seek to optimize their time for creative and fulfilling activities rather than mundane ones, freeing up time for more creative and fulfilling activities. Historically, advancements like email and smartphones, while designed to streamline communication and enhance […] The post Can AI Help us Achieve Work-Life Balance?

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A Framework for Multi-Model Forecasting on Databricks

databricks

Introduction Time series forecasting serves as the foundation for inventory and demand management in most enterprises. Using data from past periods along with.

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What’s New in Apache Airflow® 3.0—And How Will It Reshape Your Data Workflows?

Speaker: Tamara Fingerlin, Developer Advocate

Apache Airflow® 3.0, the most anticipated Airflow release yet, officially launched this April. As the de facto standard for data orchestration, Airflow is trusted by over 77,000 organizations to power everything from advanced analytics to production AI and MLOps. With the 3.0 release, the top-requested features from the community were delivered, including a revamped UI for easier navigation, stronger security, and greater flexibility to run tasks anywhere at any time.

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AV Bytes: Weekly AI Innovations Featuring SearchGPT, Llama 3.1 and More

Analytics Vidhya

Introduction Hey there, AI enthusiasts! Welcome to The AV Bytes, your friendly neighborhood source for all things AI. Buckle up, because this week has been a wild ride in the world of AI! We’ve got some mind-blowing stuff to share with you. Remember when we thought search engines couldn’t get any better? Well, OpenAI just […] The post AV Bytes: Weekly AI Innovations Featuring SearchGPT, Llama 3.1 and More appeared first on Analytics Vidhya.

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Why the Newest LLMs use a MoE (Mixture of Experts) Architecture

KDnuggets

When it comes to AI, every expert in an MoE model specializes in a much larger problem—just like every doctor specializes in their medical field. This improves efficiency and increases system efficacy and accuracy.

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More Trending

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Linux Network Performance Ultimate Guide

Hacker News

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What is the Chain of Density in Prompt Engineering?

Analytics Vidhya

Introduction Mastering prompt engineering has become crucial in Natural Language Processing (NLP) and artificial intelligence. This skill, a blend of science and artistry, involves crafting precise instructions to guide AI models in generating desired outcomes. Among the myriad techniques in this domain, the Chain of Density stands out as a particularly potent method for creating […] The post What is the Chain of Density in Prompt Engineering?

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Automakers Sold Driver Data for Pennies, Senators Say

Hacker News

Ron Wyden and Edward Markey urged the F.T.C. to investigate how car companies handled the data from millions of car owners.

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Impact of Virtual AI Agents on Digital Product Experiences

Analytics Vidhya

Introduction During a time when digital changes are changing how businesses communicate with clients, incorporating virtual AI agents into systems is not just a tech trend, but marks a new era in customer service. For instance, consider a scenario in which a customer service system not only answers questions but also predicts requirements, adjusts to […] The post Impact of Virtual AI Agents on Digital Product Experiences appeared first on Analytics Vidhya.

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Agent Tooling: Connecting AI to Your Tools, Systems & Data

Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage

There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.

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Crooks Bypassed Google’s Email Verification to Create Workspace Accounts, Access 3rd-Party Services

Hacker News

Google says it recently fixed an authentication weakness that allowed crooks to circumvent the email verification required to create a Google Workspace account, and leverage that to impersonate a domain holder at third-party services that allow logins through Google’s “Sign in with Google” feature. Last week, KrebsOnSecurity heard from a reader who said they received a notice that their email address had been used to create a potentially malicious Workspace account that Google

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Building Efficient Image Similarity Search with VGG16 and FAIS

Analytics Vidhya

Introduction Imagine sifting through thousands of photos to find that one perfect shot—tedious, right? Now, picture a system that can do this in seconds, instantly presenting you with the most similar images based on your query. In this article, you’ll dive into the fascinating world of image similarity search, where we’ll transform photos into numerical […] The post Building Efficient Image Similarity Search with VGG16 and FAIS appeared first on Analytics Vidhya.

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Melting ice is slowing Earth's spin, shifting its axis and influencing its core

Hacker News

Two new studies suggest human behavior has changed foundational elements of the planet’s physical properties.

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Building Efficient Image Similarity Search with VGG16 and FAIS

Analytics Vidhya

Introduction Imagine sifting through thousands of photos to find that one perfect shot—tedious, right? Now, picture a system that can do this in seconds, instantly presenting you with the most similar images based on your query. In this article, you’ll dive into the fascinating world of image similarity search, where we’ll transform photos into numerical […] The post Building Efficient Image Similarity Search with VGG16 and FAIS appeared first on Analytics Vidhya.

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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France high-speed rail traffic disrupted by 'malicious acts' on Olympic ceremony

Hacker News

The TGV high-speed network has been disrupted by acts including arson attacks, affecting some 800,000 passengers and causing delays ahead of the Paris 2024 opening ceremony. Eurostar trains between Paris and London were also affected.

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Illustrated guides to Olympic sports

FlowingData

Reuters, with illustrations by Catherine Tai, has visual guides to all of the Olympic sports. (Trampoline is tucked into the Gymnastics category in case you’re looking.) For each sport, there’s a schedule, a leading illustration, and a set of visuals that show you important moves or terminology. It’s very good, especially for the sports you might not be familiar with.

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Courts Close the Loophole Letting the Feds Search Your Phone at the Border

Hacker News

Customs and Border Protection insists that it can search electronics without a warrant. A federal judge just said it can't.

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Olympic data journalism

FlowingData

Speaking of the Olympics, Alberto Cairo and Simon Rogers talked about the warm-blooded aspects of covering sports that make data more meaningful. When approaching data visualisation for the Olympics, focus on the humanity of the games by integrating socio-economic, political, and historical stories alongside sports performance. Engage readers by placing them at the centre of visualisations, allowing interactive and fun experiences that reflect the current times and issues.

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Automation, Evolved: Your New Playbook for Smarter Knowledge Work

Speaker: Frank Taliano

Documents are the backbone of enterprise operations, but they are also a common source of inefficiency. From buried insights to manual handoffs, document-based workflows can quietly stall decision-making and drain resources. For large, complex organizations, legacy systems and siloed processes create friction that AI is uniquely positioned to resolve.

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Europe is in danger of regulating its tech market out of existence

Hacker News

Poorly designed laws are forcing global firms to leave.

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Role Of Big Data In Preventing Workplace Accidents

Smart Data Collective

Big data technology offers a number of great benefits of companies trying to improve workplace safety in 2024 and beyond.

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Beyond Authenticity: Hannah Arendt's final unfinished work

Hacker News

In her final unfinished work, Hannah Arendt mounted an incisive critique of the idea that we are in search of our true selves

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How Olympic athletes combat the heat

FlowingData

A part of outdoor sports is that you must deal with the weather, which is a challenge when it’s really hot and you have to run as fast as you can for a couple of hours. Bloomberg illustrates the challenges and how athletes might cope : The harder the human body works, the hotter it gets. Roughly 80% of the energy generated by performing muscular exercises is released as heat, according to Mike Sawka, an environmental physiologist and professor at Georgia Tech.

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How to Achieve High-Accuracy Results When Using LLMs

Speaker: Ben Epstein, Stealth Founder & CTO | Tony Karrer, Founder & CTO, Aggregage

When tasked with building a fundamentally new product line with deeper insights than previously achievable for a high-value client, Ben Epstein and his team faced a significant challenge: how to harness LLMs to produce consistent, high-accuracy outputs at scale. In this new session, Ben will share how he and his team engineered a system (based on proven software engineering approaches) that employs reproducible test variations (via temperature 0 and fixed seeds), and enables non-LLM evaluation m

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Ability to Access Your Android Phone in File Explorer for Windows Insiders

Hacker News

Hello Windows Insiders, Today we are beginning to gradually roll out the ability to see your Android phone in File Explorer to Windows Insiders with Android phones across all Insider Channels.

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Samsung Unpacks New Foldables And Wearables At Galaxy Unpacked

MoorInsights for Forbes

Samsung released new foldable phones, smart watches, earbuds and a ring at its Galaxy Unpacked event in Paris. But is it still in the driver's seat for foldables?

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Stripe acquires Lemon Squeezy

Hacker News

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University of Chicago Data Science Institute

Data Science Connect

The School of Data Science at the University of Virginia offers comprehensive educational programs, including undergraduate, master’s (both residential and online), and PhD degrees in data science. It focuses on interdisciplinary research, industry collaboration, and responsible data science practices for the common good. The school supports student success through career services and community engagement initiatives, fostering innovation and practical application of data science skills.

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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo and Dennis Street

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

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Compromising the Secure Boot Process

Hacker News

This isn’t good : On Thursday, researchers from security firm Binarly revealed that Secure Boot is completely compromised on more than 200 device models sold by Acer, Dell, Gigabyte, Intel, and Supermicro. The cause: a cryptographic key underpinning Secure Boot on those models that was compromised in 2022. In a public GitHub repository committed in December of that year, someone working for multiple US-based device manufacturers published what’s known as a platform key, the cryptogra

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Valassis

Data Science Connect

Valassis offers marketing technology and consumer engagement solutions. They specialize in print and digital advertising, data analytics, and personalized marketing campaigns. Their tools include Valassis Consumer Graph™ and Intent Engine™ for targeted marketing, alongside resources for creating and uploading advertisements. Valassis serves various industries, providing customized marketing strategies to enhance customer reach and engagement.

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TOTP tokens on my wrist with the smartest dumb watch

Hacker News

I recently took delivery of a new replacement logic board for the ubiquitous classic Casio F-91W from Sensor Watch. The F-91W needs no introduction. It’s probably the most popular quartz watch in the world with something like 90 million total units sold.

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Veraset

Data Science Connect

Veraset provides high-quality, privacy-compliant location data, offering insights from billions of GPS data points sourced from over 650 million devices worldwide. Their services include raw mobility data, point-of-interest data, and specialized datasets for various industries like urban planning, advertising, and retail. Veraset’s solutions enable businesses, researchers, and urban planners to make data-driven decisions, enhance marketing strategies, and conduct comprehensive human moveme

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The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?