Tag: Government Sector
TrackLight Raises $3M for AI Fraud Tech
TrackLight, a pioneering firm in AI-assisted fraud detection and prevention, recently secured a $3m seed investment.
UK-based CyberTech ExactTrak secures £1m in funding
ExactTrak, a UK-based cybersecurity firm known for its innovative approach to protecting data and devices, has successfully raised £1m in funding.
Navigating AI hype: Precision LLMs transforming risk management
In the rapidly evolving sectors of finance and governance, managing risk amidst vast, global networks of individuals and organizations is crucial. Leaders tasked with overseeing institutional risk exposure are increasingly looking towards innovative solutions to balance growth and risk management effectively. Enter Large Language Models (LLMs) like GPT-4 – the new frontier in AI, sparking a revolution in fields such as natural language processing (NLP). Despite the inherent risks associated with emerging technologies, the potential of LLMs to significantly contribute to future risk assessment products is becoming increasingly evident.