The Rise of GenAI and LLMs

In 1950, Alan Turing suggested a test to determine if computers could mimic human intelligence well enough that an impartial observer could no longer tell the difference. We are still talking about the Turing Test almost 75 years after its inception.

AI in Finance: Market Overview and Applications

Perhaps the leading adopter of AI is the finance sector. Writing in the Harvard Business Review, analyst Mihir A. Desai states that "The world of finance is an obvious laboratory for exploring the potential effects of AI because information processing is the central function of financial markets. Unsurprisingly, financial institutions of all types invest heavily in technology and data well ahead of other industries in order to compete most effectively."