CybAI news

(AI generated/Shutterstock) When it comes to AI-powered coding assistants, Microsoft’s Copilot has the name and the numbers. But a competitor called Codeium is growing quickly, and according to its co-founder and CEO Varun Mohan, the sky is the limit for AI assistants. Codeium started life in 2021 as Exafunction, an infrastructure startup that provided big compute for other companies developing deep learning systems. Mohan and his business partner, Douglas Chen, managed 10,000 GPUs on behalf of autonomous vehicle development companies, an industry they previously worked in. But by late 2022, ChatGPT had exploded onto the scene, and Mohan and Chen…

The GenAI RAG House Revisited. Since Facebook AI introduced RAG three years ago, RAG systems have evolved from Naive to Advanced, and then to Modular RAG. But Modular RAG also added more complexity, components, interfaces, etc. to the LLMOps pipeline. Many naive RAG and advanced RAG projects never made it to prod. I know many companies that have spent a lot effort and money in building enterprise RAG apps, only to realise they couldn’t produce accurate, reliable results at a manageable cost. Building a RAG system that is scalable, cost-efficient, accurate, and modular requires deep expertise. Here are a few…

The finance sector has often struggled in the 21st Century to fully embrace digital transformation. However, the ongoing generative AI boom has all the necessary components to deliver an Open Finance revolution that can bring widespread modernization to industry processes. Although it's been relatively slow in the uptake of digital transformation, the impressive growth of Open Banking has shown that there's plenty of room for innovation throughout finance. While Open Banking refers to the exchange of services and data across financial institutions, Open Finance represents the next step in digital transformation and empowers trusted third parties to utilize customer data…