How NVIDIA is accelerating financial services into the AI age, with NVIDIA Global Head of Financial Services Industry Malcom deMayo

Lex chats with Malcolm deMayo, Global Vice President for
Financial Services at Nvidia. deMayo kicks off the discussion on
how Nvidia has been working with financial services firms for
over 15 years, providing accelerated compute platforms to help
solve compute-intensive challenges in trading, banking, and
insurance. DeMayo explains that Nvidia's hardware accelerators,
such as GPUs, can execute thousands of instructions at a time,
resulting in a significant speedup compared to traditional CPUs.
He highlights the use of AI and machine learning in various
financial services applications, including fraud detection,
sentiment analysis in trading, and process automation in banking.
DeMayo also discusses the emergence of Generative AI, which
enables the generation of unique content and the potential for
human-like engagement in customer service. He emphasizes the
importance of collaboration between business and AI teams for
successful AI deployment and mentions the role of open-source
models and federated learning in the future of AI.


 


MENTIONED IN THE CONVERSATION


 


Nvidia's Website: https://bit.ly/3TwEDXO


Malcom's LinkedIn: https://bit.ly/3xeimqa


 


Topics: AI, Artificial intelligence, Machine learning,
accelerated compute, compute, generative AI, genAI, financial
services, Neural networks


 


Companies: Nvidia, OpenAI, Google, Microsoft, EvidentAI, AlexNet


 


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Twitter: https://twitter.com/LexSokolin


 


TIMESTAMPS


 


1’35: Beyond Moore's Law: Nvidia's Pioneering Role in Financial
Services Innovation


 


6’56: Revolutionizing Efficiency: The Transformative Impact of
GPU-Accelerated Computing in Finance


 


14’12: Unlocking Efficiency: How Nvidia's Accelerated Compute
Platform Revolutionizes Machine Learning in Finance


 


19’52: Transforming Finance: The Power of Machine Learning in
Fraud Detection and Market Analysis


 


29’15: From Data Custodianship to AI Revolution: Nvidia's Pivotal
Role in Transforming Finance with Generative AI


 


35’03: Beyond Classification: Nvidia's Role in Fueling Generative
AI's Impact on Financial Services Innovation


 


42’04: Shaping the AI Landscape: The Dynamic Between Open Source
Innovation and Proprietary Models in Financial Services


 


47’01: The channels used to connect with Malcom & learn more
about Nvidia


Disclaimer here — this newsletter does not provide investment
advice and represents solely the views and opinions of FINTECH
BLUEPRINT LTD.


Contributors: Lex, Laurence, Matt, Farhad, Mike, Daniella


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