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In: Artificial Intelligence

Foundation models (FMs) and generative AI are transforming enterprise operations across industries. McKinsey & Company’s recent research estimates generative AI could contribute up to $4.4 trillion annually to the global economy through enhanced operational efficiency, productivity growth of 0.1% to 0.6% annually, improved customer experience through personalized interactions, and acceleratedContinue Reading

In: Artificial Intelligence

Foundational models (FMs) and generative AI are transforming how financial service institutions (FSIs) operate their core business functions. AWS FSI customers, including NASDAQ, State Bank of India, and Bridgewater, have used FMs to reimagine their business operations and deliver improved outcomes. FMs are probabilistic in nature and produce a rangeContinue Reading