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World of AI & Data

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World of AI & Data

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Here’s a breakdown of key concepts and their applications:

1. Automation and Data Processing

• BChain (Blockchain): Secure, transparent transactions for payments and trading

• API (Application Programming Interface): Seamless data exchange for faster workflows

• RPA (Robotic Process Automation): Automates repetitive tasks to improve efficiency

• OCR (Optical Character Recognition): Text recognition for document processing

• DWH (Data Warehousing): Centralized storage for advanced financial analytics

2. Language Understanding

• ASR (Automatic Speech Recognition): Converts spoken language to text for transcription services

• GPT (Generative Pre-trained Transformer): AI models for customer support and content generation

• TTS (Text-to-Speech): Converts written data to spoken formats

• LLM (Large Language Model): Understands and generates human-like text for AI applications

• NLP (Natural Language Processing): Powers chatbots, fraud detection, and customer service

3. Data Analysis and Modeling

• ML (Machine Learning): Credit scoring and predictive algorithms

• DL (Deep Learning): Analyzes complex data for predictive insights

• K-NN (K-Nearest Neighbors): Customer segmentation and classification

• GAN (Generative Adversarial Network): Synthetic data generation for fraud detection

• PCA (Principal Component Analysis): Risk management and data reduction

• SVM (Support Vector Machines): Market analysis and anomaly detection

• K-M (K-Means Clustering): Organizes data for market segmentation and insights

• Naive Bayes: Quick, reliable classification for fraud detection

How many did you know?

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