Finalytica Latest Happenings – November 2024

  1. The Ministry of Science and Technology on Wednesday launched India’s first Artificial Intelligence (AI) data bank that is aimed at propelling innovation and boosting the country’s national security. The initiative will provide researchers, startups, and developers access to high-quality, diverse datasets essential for creating scalable and inclusive AI solutions.
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Finalytica Experiential Learning, NOV 2024: Fund Transfer Pricing (FTP): Methodology & Use cases for Financial Institutions

Introduction

Funds Transfer Pricing (FTP) is a sophisticated methodology employed by financial institutions to accurately attribute profitability to their diverse funding sources and applications. By leveraging FTP, banks and other financial organizations can gain invaluable insights into their operational strengths and weaknesses, informing strategic decisions to optimize performance and maximize returns.… Continue reading

Finalytica Latest Happening – October 2024

OpenAI’s AI Model “Orion” Announcement: OpenAI is preparing to release its next AI model, codenamed “Orion,” by December 2024. This development is part of OpenAI’s ongoing efforts to enhance its generative AI capabilities.

Artist Opposition to AI Training: Over 10,500 artists signed an open letter condemning the unlicensed use of their works to train AI models.… Continue reading

Fund Transfer Pricing (FTP): Methodology & Use cases for Financial Institutions

I. What is Fund Transfer Pricing?

Funds Transfer Pricing (FTP) is a sophisticated methodology employed by financial institutions to accurately attribute profitability to their diverse funding sources and applications. By leveraging FTP, banks and other financial organizations can gain invaluable insights into their operational strengths and weaknesses, informing strategic decisions to optimize performance and maximize returns.… Continue reading

Finalytica Latest Happening – October 2024

OpenAI’s AI Model “Orion” Announcement: OpenAI is preparing to release its next AI model, codenamed “Orion,” by December 2024. This development is part of OpenAI’s ongoing efforts to enhance its generative AI capabilities.

Artist Opposition to AI Training: Over 10,500 artists signed an open letter condemning the unlicensed use of their works to train AI models.… Continue reading

Finalytica Experiential Learning, October 2024: Text-to-SQL Prompt Engineering

Introduction

Text-to-SQL aims to narrow the gap between database systems and business users by automating the conversion of natural language queries into SQL commands. By utilizing the capabilities of Large Language Models (LLMs), it enhances the Text-to-SQL process, thereby enhancing data processing efficiency and enabling a range of applications including automated data analysis, intelligent database services, and streamlined query responses.… Continue reading

Text-to-SQL Prompt Engineering

Introduction

Text-to-SQL aims to narrow the gap between database systems and business users by automating the conversion of natural language queries into SQL commands. By utilizing the capabilities of Large Language Models (LLMs), it enhances the Text-to-SQL process, thereby enhancing data processing efficiency and enabling a range of applications including automated data analysis, intelligent database services, and streamlined query responses.… Continue reading

The Art and Science of Prompt Engineering

I. Introduction

Large language models have revolutionized the use of Artificial Intelligence to the next level. These models are so powerful that we can solve many complex use cases using them. At the heart of harnessing this power lies the discipline of prompt engineering; a craft that involves designing and refining prompts to use the most effective and accurate responses from large models.… Continue reading

Latest Happenings September 2024

  • SEBI, Indian Security market regulator is working on a dozen projects on AI. It has implemented Artificial intelligence (AI) for processing public documents, for example the REIT or Inv IT annual reports as per their chairman in the recently published report by money control.
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Knowledge Series: Delving into the technical depths of LLMs

Introduction

Large Language Models (LLMs) have emerged as transformative tools capable of understanding and generating human language with unprecedented accuracy. These models, underpinned by the sophisticated transformer architecture, represent a significant leap forward in natural language processing. This article delves into the technical details that make LLMs so powerful, exploring the foundational components such as self-attention mechanisms, token embeddings, and the interplay of linear and softmax layers.

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Finalytica July 2024 : Latest Happenings

  • As per a latest report from the Capgemini Research Institute – ‘Harnessing the value of generative AI: 2nd edition’, 80% of organizations have increased their investment in Gen AI since last year. 24% of organizations have integrated GenAI into some or most of their locations or functions, a significant increase from just 6% a year ago.
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