Microsoft, Google highlight LLM capabilities for future growth

Satya Nadella and Sundar Pichai both touted the advancements their respective companies have made in the field of generative AI during their earnings calls.

Late last year, OpenAI released a chatbot called ChatGPT, which was built on a large language model (LLM) called GPT-3. GPT stands for Generative Pre-trained Transformer, and while GPT-3 wasn’t a new AI tool—OpenAI released it in 2020—the unveiling of ChatGPT has led to an arms race amongst the leading Big Tech companies.

During its earnings call last week, IBM touted its Watsonx offering, an enterprise-ready AI and data platform. “In the same way we’ve built a consulting practice around Red

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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