Why Does a Bank Need a Chief Scientist?
Reported by IEEE Spectrum AI: Why Does a Bank Need a Chief Scientist?. Analysis and context written by TickrWire.
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.
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
Stripe, OpenRouter finally strike a deal - Banking Dive
Student Journalists: AI Is Changing Our Work — And Not For the Better - The 74
BusinessBinance now lets AI agents trade, but keeping them in check is largely up to users
Cities turn to AI to speed housing permitting - Stateline
The Indian City Where AI Is Creating Jobs for Humans - The New York Times
AI ToolsMeta AI’s new Mac app wants you to talk to your apps
Meta released a new Mac application that lets users control apps and dictate text using voice commands powered by its Muse Spark AI model.
New White House strategy clarifies military tech priorities: undersea, outer space and AI - Breaking Defense
The White House released a new strategy prioritizing military investments in artificial intelligence, space systems and undersea technologies to counter emerging threats.
AI in an iron grip: How dictatorships use artificial intelligence to strengthen their rule - theins.press
A new report examines how authoritarian governments deploy AI for surveillance, censorship, and propaganda to reinforce their power.
How one Philadelphia school is using AI to strengthen student learning, not replace teachers - CBS News
A Philadelphia school is integrating AI tools to support teachers and improve student outcomes, focusing on collaboration rather than replacement.
Exclusive-How a Texas student blew the whistle on a rogue AI hacking attempt - The Mighty 790 KFGO
A Texas student uncovered an AI-powered hacking attempt targeting local systems, prompting a swift law enforcement response.
Don’t mistake chatbot intelligence for consciousness - The Economist
The Economist argues that advanced chatbots lack true consciousness despite their impressive intelligence, urging caution against anthropomorphizing AI.