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2024-08-27 14:45:03
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AIbase
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11.3k
UK Unions Warn: Banking and Accounting Sectors Face Layoff Challenges Due to AI
With the rapid development of artificial intelligence technology, the work practices in the banking and accounting sectors are undergoing significant transformation, raising the risk of layoffs. Multiple unions have issued warnings urging the industry to prepare for the impending wave of layoffs. The application of AI technology is gradually replacing traditional positions, such as financial analysis and data entry, tasks that previously required human effort are now being quickly and efficiently resolved by AI. This not only affects the job stability of existing employees but may also reduce new employment opportunities. Unions emphasize that businesses should pay attention to employee rights while promoting technological innovation.
2024-02-29 14:29:09
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AIbase
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6.1k
Financial Analysis Multimodal LLM FinTral: A Groundbreaking Large Language Model
Innovation in the financial sector: FinTral employs a multimodal approach to handle text, numbers, tables, and visual data, outperforming GPT-4. Model features: Based on the Mistral-7B model, it has undergone domain-specific pre-training, fine-tuning, and AI feedback to achieve precise financial analysis through visual data processing. Strong performance validation: The FinTral-DPO model approaches the average score of GPT-4, demonstrating excellent performance in financial tasks. Experimental results confirm that FinTral excels in financial tasks.
2024-02-23 15:34:25
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AIbase
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5.6k
Seattle Startup Finpilot Raises $4 Million to Launch Generative AI Tool for Financial Analysts
Finpilot has raised $4 million to launch ChatGPT software for financial research. The software uses generative AI to assist financial analysts in their research and inquiries. The investment will be used for technology development to meet the demands of the financial industry and enhance the software's capabilities. Madrona's lead investment reflects confidence in Finpilot's future growth, accelerating technological iteration and market promotion.