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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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

Why recent failures are a catalyst for DLT’s success

Deutsche Bank’s Mathew Kathayanat and Jie Yi Lee argue that DLT's high-profile failures don't mean the technology is dead. Now that the hype has died down, the path is cleared for more measured decisions about DLT’s applications.

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