machine learning

Amazon brings machine learning to “everyday developers”

Amazon Web Services (AWS) is looking to bring machine learning (ML) to ordinary developers, launching the SageMaker service to simplify building applications, reports Enterprise Cloud News (Banking Technology’s sister publication). ML is too complicated for ordinary developers, AWS CEO Andy Jassy said at a keynote during the AWS re:Invent event. “If you want to enable most […]

TrueAccord lands $22m to humanise debt collection

Online debt collection service TrueAccord has received $22 million in funding – bringing its total amount to almost $34.5 million, reports Julie Muhn at Finovate (Banking Technology’s sister company). Leading the round was Arbor Ventures. A mix of existing and new investors, including Arbor, Nyca Investment Partnership, Assurant Growth Investing, Caffeinated Capital Fund, Felicis Venture, TenOneTen and Crystal […]

Dell makes machine learning road-ready

While Oracle, IBM and others are pushing machine learning in the cloud, many enterprises see advantages to keeping IT infrastructure in-house. Dell is looking to fill that desire with a line of hardware servers and services for machine learning for the enterprise, reports Enterprise Cloud News (Banking Technology’s sister publication). Dell Machine and Deep Learning […]

Microsoft and AWS buddy up to democratise machine learning

Microsoft and Amazon Web Services (AWS) have teamed up to launch an open-source, deep learning library called Gluon which will make machine learning (ML) more accessible to a wider range of developers, reports (Banking Technology’s sister publication). That will be the key to winning the machine learning race. Not making the most complex and […]

State Street unveils Quantextual Idea Lab for investment research

State Street has launched its Quantextual Idea Lab, a hybrid of machine learning and human knowledge, for improved investment research. According to the firm, investment professionals are inundated with research reports from the sell side, the buy side and academia. It reckons financial research teams can produce enough content to consume 24 reams or 12,000 […]