Goldman Sachs in research deal with IIT Kgp AI hub
The Times of India (January 14, 2022)
Kolkata: Goldman Sachs has entered into a two-year research collaboration with the IIT Kharagpur AI Centre of Excellence to create a valuable intellectual property assets and AI techniques that can benefit a range of companies globally.
"The pandemic has pushed both consumers and businesses alike to digitally adapt. Such collaborations will advance AI research and create opportunities for companies that can innovate for enhanced consumer experiences in a data-driven world. Designing AI models that work at scale and drive informed decisions, will further lead to operational efficiencies and timely risk mitigation across industry sectors, including financial services," said Koustuv Dasgupta, head of R&D Engineering at Goldman Sachs Services in India.
"This collaboration will develop deep-learning-based AI techniques that can train systems to automatically read and summarize financial documents, identify key narratives, and forecast potential global events. Further, the AI models developed can help train systems to achieve maximum accuracy from small datasets," he added. (Read More)