How NVIDIA is accelerating financial services into the AI age, with NVIDIA Global Head of Financi...
Fintech Nexus Fintech Nexus
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 Published On Mar 22, 2024

Lex chats with Malcolm deMayo, Global Vice President for Financial Services at Nvidia. deMayo kicks off the discussion on how Nvidia has been working with financial services firms for over 15 years, providing accelerated compute platforms to help solve compute-intensive challenges in trading, banking, and insurance. DeMayo explains that Nvidia's hardware accelerators, such as GPUs, can execute thousands of instructions at a time, resulting in a significant speedup compared to traditional CPUs. He highlights the use of AI and machine learning in various financial services applications, including fraud detection, sentiment analysis in trading, and process automation in banking. DeMayo also discusses the emergence of Generative AI, which enables the generation of unique content and the potential for human-like engagement in customer service. He emphasizes the importance of collaboration between business and AI teams for successful AI deployment and mentions the role of open-source models and federated learning in the future of AI.


 


MENTIONED IN THE CONVERSATION


 


Nvidia's Website: https://bit.ly/3TwEDXO


Malcom's LinkedIn: https://bit.ly/3xeimqa


 


Topics: AI, Artificial intelligence, Machine learning, accelerated compute, compute, generative AI, genAI, financial services, Neural networks


 


Companies: Nvidia, OpenAI, Google, Microsoft, EvidentAI, AlexNet


 


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👉 Twitter:   / lexsokolin  


 


TIMESTAMPS


 


1’35: Beyond Moore's Law: Nvidia's Pioneering Role in Financial Services Innovation


 


6’56: Revolutionizing Efficiency: The Transformative Impact of GPU-Accelerated Computing in Finance


 


14’12: Unlocking Efficiency: How Nvidia's Accelerated Compute Platform Revolutionizes Machine Learning in Finance


 


19’52: Transforming Finance: The Power of Machine Learning in Fraud Detection and Market Analysis


 


29’15: From Data Custodianship to AI Revolution: Nvidia's Pivotal Role in Transforming Finance with Generative AI


 


35’03: Beyond Classification: Nvidia's Role in Fueling Generative AI's Impact on Financial Services Innovation


 


42’04: Shaping the AI Landscape: The Dynamic Between Open Source Innovation and Proprietary Models in Financial Services


 


47’01: The channels used to connect with Malcom & learn more about Nvidia






Disclaimer here (https://www.fintechblueprint.com/disc...) — this newsletter does not provide investment advice and represents solely the views and opinions of FINTECH BLUEPRINT LTD.


Contributors: Lex (  / lexsokolin  ) , Laurence (  / lesmith96  ) , Matt (  / matthewjameslow  ) , Farhad (  / farhadhuseynli  ) , Mike (  / michael-hurrell-823643171  ) , Daniella (  / daniella-seberini-273aa6205  )


Want to discuss? Stop by our Discord (  / discord  ) and reach out here with questions (https://www.lexsokolin.com/contact) .

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