Remove AI Development Remove Data Quality Remove Explainable AI
article thumbnail

AI and Financial Crime Prevention: Why Banks Need a Balanced Approach

Unite.AI

Humans can validate automated decisions by, for example, interpreting the reasoning behind a flagged transaction, making it explainable and defensible to regulators. Financial institutions are also under increasing pressure to use Explainable AI (XAI) tools to make AI-driven decisions understandable to regulators and auditors.

article thumbnail

This AI newsletter is all you need #93

Towards AI

However, the AI community has also been making a lot of progress in developing capable, smaller, and cheaper models. This can come from algorithmic improvements and more focus on pretraining data quality, such as the new open-source DBRX model from Databricks. Why should you care?

OpenAI 103
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

LG AI Research Releases EXAONE 3.5: Three Open-Source Bilingual Frontier AI-level Models Delivering Unmatched Instruction Following and Long Context Understanding for Global Leadership in Generative AI Excellence

Marktechpost

Image Source : LG AI Research Blog ([link] Responsible AI Development: Ethical and Transparent Practices The development of EXAONE 3.5 models adhered to LG AI Research s Responsible AI Development Framework, prioritizing data governance, ethical considerations, and risk management.

article thumbnail

Considerations for addressing the core dimensions of responsible AI for Amazon Bedrock applications

AWS Machine Learning Blog

The rapid advancement of generative AI promises transformative innovation, yet it also presents significant challenges. Concerns about legal implications, accuracy of AI-generated outputs, data privacy, and broader societal impacts have underscored the importance of responsible AI development.

article thumbnail

AI TRiSM: A Framework for Trustworthy AI Systems

Pickl AI

Businesses face fines and reputational damage when AI decisions are deemed unethical or discriminatory. Socially, biased AI systems amplify inequalities, while data breaches erode trust in technology and institutions. Broader Ethical Implications Ethical AI development transcends individual failures.

article thumbnail

ODSC Europe 2024 Virtual Sessions Now Available On-Demand!

ODSC - Open Data Science

AI Development Lifecycle: Learnings of What Changed with LLMs Noé Achache | Engineering Manager & Generative AI Lead | Sicara Using LLMs to build models and pipelines has made it incredibly easy to build proof of concepts, but much more challenging to evaluate the models. billion customer interactions.