Banking on mainframe-led digital transformation for financial services

by AI Generated Robotic ContentFAANGPosted on Comments are Disabled

We already covered how mainframe modernization isn’t just for the financial industry, so why not address the elephant in the room? The world’s biggest modernization challenges are concentrated in the banking industry.           Before the internet and cloud computing, and before smartphones and mobile apps, banks were shuttling payments through massive electronic settlement gateways and operating …

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Build protein folding workflows to accelerate drug discovery on Amazon SageMaker

by AI Generated Robotic ContentFAANGPosted on Comments are Disabled

Drug development is a complex and long process that involves screening thousands of drug candidates and using computational or experimental methods to evaluate leads. According to McKinsey, a single drug can take 10 years and cost an average of $2.6 billion to go through disease target identification, drug screening, drug-target validation, and eventual commercial launch. …

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GPT-3 can reason about as well as a college student, psychologists report

by AI Generated Robotic ContentAI/ML NewsPosted on Comments are Disabled

The artificial intelligence language model GPT-3 performed as well as college students in solving certain logic problems like those that appear on standardized tests. The researchers who conducted the experiment write that the results prompt the question of whether the technology is mimicking human reasoning or using a new type of cognitive process. Solving that …

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