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The article discusses how companies can learn from the financial services industry in dealing with artificial intelligence. It highlights the importance of regulatory scrutiny in the financial sector and the need for leaders to navigate the benefits and risks of AI effectively. The use of generative AI, which can create human-like responses, is a key focus in the industry.
Financial services firms are bound by regulations that require the preservation and oversight of business communications, leading to the storage of large amounts of data. This presents both opportunities and challenges for firms, as they must balance the benefits of AI with the responsibility of handling sensitive data. The article emphasizes the need for businesses in other industries to treat AI seriously, as data management and AI training can have significant implications.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
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