Data Science - FinTecBuzz https://fintecbuzz.com Fintech News Fri, 06 Sep 2024 04:18:33 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://fintecbuzz.com/wp-content/uploads/2019/04/cropped-Original-black-FinTech-512-32x32.png Data Science - FinTecBuzz https://fintecbuzz.com 32 32 Intuit Enhances Proprietary Generative AI Operating System https://fintecbuzz.com/intuit-enhances-proprietary-generative-ai-operating-system/ Thu, 05 Sep 2024 14:30:45 +0000 https://fintecbuzz.com/?p=64467 Company simplifies, streamlines end-to-end app development with new GenOS AI Workbench and GenStudio, GenRuntime, GenUX tools

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Intuit Inc., the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced major enhancements to its proprietary Generative AI Operating System (GenOS) that’s accelerating development velocity at scale across the company’s products and services to solve its customers’ most important financial problems and drive durable growth. Intuit’s GenOS now includes GenOS AI Workbench, a dedicated development environment for end-to-end application development, and enhancements to GenStudio, GenRuntime, and GenUX components.

Introduced in June 2023, Intuit’s GenOS empowers technologists to responsibly design, build, and deploy breakthrough generative AI (GenAI) experiences with unparalleled speed, fueling innovation for its approximately 100 million consumer and small business customers.

Since then, the company has continued to invest in GenOS to streamline end-to-end application development, with built-in governance and safety guardrails, and to enable rapid experimentation. It provides a comprehensive suite of tools with an extensible catalog of best-in-class large language models (LLMs), including commercial, proprietary, and open source base models for fine-tuning. To jumpstart app development, product teams can become productive with GenOS in a matter of minutes via self-serve onboarding tools and guided workflows.

“Intuit’s proprietary GenOS is the key to unlocking new opportunities to fuel consumer and small and mid-market business success with GenAI,” said Alex Balazs, Executive Vice President and Chief Technology Officer, Intuit. “Over the past year, we’ve increased our pace of innovation by enabling product teams to turn new ideas into live customer experiments in just days, and built out our GenOS to speed time-to-market for ideas that rise to the top. We’re proud of the progress we’ve made and fired up about the ‘done for you’ future we’re creating for our customers to power their prosperity.”

With GenOS, Intuit technologists (software developers, product managers, data scientists, machine learning engineers, and data analysts) have experimented with hundreds of GenAI use cases, which has led to game-changing new experiences delivered into the hands of customers with Intuit Assist. For example, Intuit’s GenOS enabled new capabilities with easy-to-understand explanations of tax calculations, backed by real-time accuracy checks, with Intuit Assist for TurboTax, boosting confidence for millions of individual tax filers this tax season.

“Intuit is at the forefront of the industry with this major release of its GenOS,” said Hamit Hamutcu, Senior Advisor at Institute for Experiential AI at Northeastern University, and Column Editor for the Harvard Data Science Review. “It is rare to see this level of scope and scale in a proprietary generative AI development environment. The company built a comprehensive set of tools and practices, far beyond a sandbox for securely experimenting with the technology. It should be a great accelerator for Intuit developers in building sophisticated fintech apps and sets an inspiring example for the industry.”

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Carlos Hernandez joins CMG Board to Accelerate Market Innovation https://fintecbuzz.com/carlos-hernandez-joins-cmg-board-to-accelerate-market-innovation/ Fri, 08 Mar 2024 18:00:57 +0000 https://fintecbuzz.com/?p=56669 No-code data pipeline platform unlocks Delta Lake for BI and machine learning

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Matillion’s Data Productivity Cloud is now available for Databricks, enabling users to access the power of Delta Lake within their data engineering.

The Data Productivity Cloud with Databricks brings no-code data ingestion and transformation capabilities that are purpose-built for Databricks, enabling users to quickly build data pipelines at scale, to be used in AI and analytics projects.

Ciaran Dynes, Chief Product Officer at Matillion said: “In the months since launching Data Productivity Cloud, we’ve continued to integrate more cloud platforms and data sources to bring no-code data engineering tools to every member of the data team.

“We know that SQL is a massive workload for Databricks, so as well as unlocking the value of Delta Lake and lakehouses, we’re excited to bring no-code tooling to the Data Productivity Cloud to help Databricks users be even more productive running SQL pipelines on the Databricks platform.”

Data Productivity Cloud enables users to easily build data pipelines with any data source for business intelligence and data science projects.

Matillion has long partnered with the data and AI company Databricks, and Databricks Ventures is an investor in the tech unicorn.

Matillion delivers a comprehensive data integration solution that can fit seamlessly within the existing tech stack, helping data teams to centralise and transform data from any source into business-driving insights at speed.

Data Productivity Cloud with Databricks offers consolidated billing with Matillion’s transparent credit-based pricing model, with setup in minutes. Thousands of enterprises including Cisco, Docusign, Slack and TUI trust Matillion to move, transform and orchestrate data for a wide range of use cars from insights and operational analytics, to data science, machine learning and AI.

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Data Science-driven Credibly Announces Second Offering of ABS https://fintecbuzz.com/data-science-driven-credibly-announces-second-offering-of-abs/ https://fintecbuzz.com/data-science-driven-credibly-announces-second-offering-of-abs/?noamp=mobile#respond Wed, 21 Apr 2021 13:00:15 +0000 https://fintecbuzz.com/?p=22447 Industry Leading Bitcoin ATM Network Recognized for Strong Growth and Excellence

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Bitcoin Depot®, one of the largest and fastest growing bitcoin ATM networks, was recently recognized by The Startup Weekly as one of the 2021 Financial Services & Insurance Companies to Watch. The Startup Weekly presented the Financial Services & Insurance Companies to Watch award to businesses that have showcased strong growth and excellence in 2020.

Bitcoin Depot® has created a growing network of more than 2,000 ATM kiosks that exchange cash or credit card online for digital cryptocurrency, allowing for simple, in-person exchanges that give users immediate buying power. With the ongoing growing popularity of cryptocurrency, demand for transaction opportunities is growing as bitcoin and other digital cryptos move toward the mainstream.

This year’s awards attracted a record number of applications across company stages in the United States. The winners were selected by a panel of judges comprised of top executives, founders, investors, and industry experts. The companies were evaluated based on growth, strength of the product or service, impact on the industry, and commitment to customer success.

“Bitcoin Depot® has seen exponential growth over the last year and we are excited to be recognized by The Startup Weekly for that growth,” said Bitcoin Depot® President and CEO Brandon Mintz. “Over the last six months, we have more than doubled the number of our bitcoin ATMs available and expect to see that trend continue through the rest of 2021 as more people turn toward cryptocurrency transactions.”

“This year’s award recipients represent the very best of entrepreneurial excellence in the United States. The judging panel was thoroughly impressed by the accomplishments of all awardees,” said Peter Justin, Managing Editor of The Startup Weekly.

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