Ibm’s New ‘lightweight Engine’ Could Be A Game Changer For Fintech

IBM has launched a new “Lightweight Engine” for its WatsonX.ai service, making it easier for smaller businesses and mid-sized companies to deploy generative AI. The generative AI market is a major contributor to the tech sector’s growth, driven by the popularity of large language models like OpenAI’s ChatGPT and Anthropic’s Claude. The financial services industry is also adopting generative AI, with companies like JP Morgan Chase using it for internal data and specialized tasks. This new technology goes beyond chatbots and offers enterprise-level options, but also raises concerns about data privacy and regulation.