How NVIDIA is accelerating financial services into the AI age, with NVIDIA Global Head of Financial Services Industry Malcom deMayo

Lex chats with Malcolm deMayo, Global Vice President for Financial Services at Nvidia. deMayo kicks off the discussion on how Nvidia has been working with financial services firms for over 15 years, providing accelerated compute platforms to help solve compute-intensive challenges in trading, banking, and insurance. DeMayo explains that Nvidia's hardware accelerators, such as GPUs, can execute thousands of instructions at a time, resulting in a significant speedup compared to traditional CPUs. He highlights the use of AI and machine learning in various financial services applications, including fraud detection, sentiment analysis in trading, and process automation in banking. DeMayo also discusses the emergence of Generative AI, which enables the generation of unique content and the potential for human-like engagement in customer service. He emphasizes the importance of collaboration between business and AI teams for successful AI deployment and mentions the role of open-source models and federated learning in the future of AI.

MENTIONED IN THE CONVERSATION

Nvidia's Website: https://bit.ly/3TwEDXO

Malcom's LinkedIn: https://bit.ly/3xeimqa

Topics: AI, Artificial intelligence, Machine learning, accelerated compute, compute, generative AI, genAI, financial services, Neural networks

Companies: Nvidia, OpenAI, Google, Microsoft, EvidentAI, AlexNet

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TIMESTAMPS

1’35: Beyond Moore's Law: Nvidia's Pioneering Role in Financial Services Innovation

6’56: Revolutionizing Efficiency: The Transformative Impact of GPU-Accelerated Computing in Finance

14’12: Unlocking Efficiency: How Nvidia's Accelerated Compute Platform Revolutionizes Machine Learning in Finance

19’52: Transforming Finance: The Power of Machine Learning in Fraud Detection and Market Analysis

29’15: From Data Custodianship to AI Revolution: Nvidia's Pivotal Role in Transforming Finance with Generative AI

35’03: Beyond Classification: Nvidia's Role in Fueling Generative AI's Impact on Financial Services Innovation

42’04: Shaping the AI Landscape: The Dynamic Between Open Source Innovation and Proprietary Models in Financial Services

47’01: The channels used to connect with Malcom & learn more about Nvidia

Disclaimer here — this newsletter does not provide investment advice and represents solely the views and opinions of FINTECH BLUEPRINT LTD.

Contributors: Lex, Laurence, Matt, Farhad, Mike, Daniella

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