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Business 77% 1 min readJun 25, 2026, 5:32 PM

Why Does a Bank Need a Chief Scientist?

Evolving story · 1 updatesCapital One appoints Chief Scientist for AI innovationTimeline →
30-second summary

Prem Natarajan, former Alexa AI leader, joins Capital One as Chief Scientist to drive AI innovation in financial services, leveraging his background in NLP and foundation models.

Why Does a Bank Need a Chief Scientist?
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This article is brought to you by Capital One.

After five years leading natural language understanding and eventually the entire Alexa AI organization at Amazon, Prem Natarajan made a nontraditional move: He became Chief Scientist at a bank. Not just any bank: Capital One, a financial institution serving over 100 million customers, helping everyday Americans manage their financial lives.

For Natarajan, a veteran of DARPA-funded research and academia who had watched machine learning evolve from task-specific applications to foundation models, the logic was clear. Some of the most interesting ad

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