Wells Fargo Exec: Banks Struggle To Feed Hungry AI
Vast amounts of data and processing could hinder exploitation of emerging tech, says Ravi Radhakrishnan as it partners with MIT-IBM Research lab.
While banks are exploring ways to use artificial intelligence—and, specifically, machine learning—they are struggling with how best to feed these data-hungry models.
Ravi Radhakrishnan, head of wholesale, wealth and investment management, and innovation technology at Wells Fargo, spoke to WatersTechnology as the bank embarks on research into AI and quantum computing as part of a new partnership with tech giant IBM.
AI models consume a lot of data in their training and in producing predictive
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