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Banks consider merits of open-source and closed-source generative AI

Most banks are starting their generative AI experiments with closed-source models before progressing to open source. For some, the ultimate goal is to be model-agnostic. ....

New Canaan , United States , Imran Khan , Bahvi Mehta , Jey Kumarasamy , Sathish Muthukrishnan , Bryan Hildebrand , Bankwell Bank , Td Bank Group , Luminos Law , Ally Financial ,

Cloud giants offer only limited protection to businesses over AI copyright claims

Amazon, Microsoft, and Google pledge to defend customers from IP (intellectual property) issues, but their indemnities are narrow The world’s biggest cloud. ....

Brenda Leong , William Orrick , Angela Dunning , Sarah Silverman , Cleary Gottlieb , Emory University , Matthew Sag , Luminos Law ,