Tag: governance practices
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Cloud Blog: Adapting model risk management for financial institutions in the generative AI era
Source URL: https://cloud.google.com/blog/topics/financial-services/adapting-model-risk-management-in-the-gen-ai-era/ Source: Cloud Blog Title: Adapting model risk management for financial institutions in the generative AI era Feedly Summary: Generative AI (gen AI) promises to usher in an era of transformation for quality, accessibility, efficiency, and compliance in the financial services industry. As with any new technology, it also introduces new complexities and…
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The Register: Uncle Sam accuses Aussie AI startup boss of financial fakery that duped investors
Source URL: https://www.theregister.com/2024/09/26/skael_doj_sec_ai/ Source: The Register Title: Uncle Sam accuses Aussie AI startup boss of financial fakery that duped investors Feedly Summary: Crikey! $40M of investments in ‘digital employees’ allegedly went down faster than a frosty Fosters The former CEO of an AI startup that promised to replace humans with “digital employees" has been accused…