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IBM launches a "lightweight engine" to provide generative AI services to the fintech industry. According to Cointelegraph, IBM recently launched a new "lightweight engine" called WatsonX.ai service, primarily targeting enterprise customers. This lightweight engine is seen as a potential breakthrough for the adoption of generative AI by small and medium-sized enterprises in emerging industries such as fintech. Unlike similar cloud-based services provided by companies like Microsoft and Google, IBM's solution supports on-premise deployment, better meeting the financial industry's requirements for data security and compliance. Recently, JPMorgan Chase has purchased enterprise-level access to ChatGPT, providing the service to its 60,000 employees. IBM executives stated that as enterprises need to deploy generative AI applications internally, they are looking for a platform that is more resource-efficient and lightweight. IBM's "lightweight engine" is designed to help software developers and enterprise developers effectively deploy and run generative AI solutions while optimizing costs. $BTC $ETH $BNB
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IBM launches "lightweight engine" to provide generative AI services to the fintech industry. According to the news from Mars Finance, on August 11th, IBM recently launched a brand-new "lightweight engine" called WatsonX.ai service, primarily targeting enterprise customers. This lightweight engine is seen as a potential breakthrough for small and medium-sized enterprises in emerging industries like fintech to adopt generative AI. Unlike the similar cloud-based services provided by companies like Microsoft and Google, IBM's solution supports on-premise deployment, better meeting the financial industry's requirements for data security and compliance. Recently, JPMorgan Chase has purchased enterprise-level access to ChatGPT, providing the service to all 60,000 of its employees. IBM executives stated that as enterprises need to deploy generative AI applications internally, they hope to have a platform that is more resource-efficient and lightweight. IBM's "lightweight engine" is designed for this purpose, helping software developers and enterprise developers effectively deploy and run generative AI solutions while optimizing costs. $BTC $ETH $BNB
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IBM launches "lightweight engine" to provide generative AI services to the fintech industry. On August 11, IBM recently launched a brand-new "lightweight engine" called WatsonX.ai service, primarily targeting enterprise customers. This lightweight engine is seen as a potential breakthrough for the adoption of generative AI by small and medium-sized enterprises in emerging industries such as fintech. Unlike the similar cloud-based services provided by companies like Microsoft and Google, IBM's solution supports on-premises deployment, better meeting the financial industry's requirements for data security and compliance. Recently, JPMorgan Chase has purchased enterprise-level access to Chat GPT, providing service to all 60,000 of its employees. IBM executives stated that as enterprises need to deploy generative AI applications internally, they are seeking a platform that is more resource-efficient and lightweight. IBM's "lightweight engine" is designed for this purpose, helping software developers and enterprise developers effectively deploy and run generative AI solutions while optimizing costs. $BTC $ETH $BNB
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The Federal Reserve Governor Bowman: Remain cautious about rate cuts. According to the news from Mars Finance, Federal Reserve Governor Bowman stated that there are upside risks to inflation, and the labor market remains strong, indicating that she may not be prepared to support a rate cut at the next meeting of U.S. central bank officials in September. She said that the progress made in reducing inflation in May and June is welcome, but inflation is still above the committee's 2% target, which is concerning, and I will remain cautious when considering adjusting the current policy stance. She also stated that U.S. fiscal policy, immigration pressures on the real estate market, and geopolitical risks could put upward pressure on house prices, and the recent jump in the unemployment rate to 4.3% may have exaggerated the extent of the cooling in the labor market. $BTC $ETH $BNB
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The Federal Reserve Governor Bowman: The cooling of the labor market has been exaggerated, and I remain cautious about rate cuts. On August 11, Federal Reserve Governor Bowman stated that inflation remains "uncomfortably" above the target level. There are upside risks to inflation, and the labor market remains strong, indicating that she may not be prepared to support a rate cut at the next meeting of U.S. central bank officials in September. She said that the progress made in reducing inflation in May and June is welcome, but inflation is still above the committee's 2% target, which is concerning, and I will remain cautious when considering adjusting the current policy stance. She also stated that U.S. fiscal policy, immigration pressures on the real estate market, and geopolitical risks could put upward pressure on house prices, and the recent jump in the unemployment rate to 4.3% may have exaggerated the extent of the cooling in the labor market. $BTC $ETH $BNB
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