Treasury official: Small financial institutions have ‘growth to do’ in using AI against threats
by Cyberscoop
Cyberscoop— AI-specific fraud and cyber risks in the financial sector are especially pronounced for small banks, the agency’s chief AI officer said.
Ars Technica—Apple releases eight small AI language models aimed at on-device use. OpenELM mirrors efforts by Microsoft to make useful small AI language models that run locally.
The Cerbat Gem—Summit Financial LLC Buys 859 Shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK). Summit Financial LLC grew its stake in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK – Free Report) by 14.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,618 shares of the company’s stock after purchasing an additional 859 shares during the quarter. Summit […]
Entrepreneur—An Elite Financial Publication With a $75 Per Month Subscription Price Is Letting AI Use Its Articles for Training. OpenAI's ChatGPT will use Financial Times articles to train its AI. The pricey outlet is a must-read for financial executives. The publisher behind Politico and Business Insider has a similar deal with the company.