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Meet Mastercard’s new generative AI model


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Meet Mastercard’s new generative AI model

Business

Category: Accounting / Financial

Generative AI completely changed the world of chatbots. Now, talking to a robot isn’t sci-fi, it’s just something we do.

We believe this same gen-AI technology won’t just transform chat — it will transform commerce. It will make payments faster, retail experiences more personalized and cybersecurity tools more precise.

To make this vision happen, our teams have been researching and building a new foundation model, which is a large-scale AI model that can be used as a basis for a wide range of applications. We are training our foundation model on Mastercard’s unique datasets, starting with billions of transactions.

To protect user privacy, we remove all personal data from these transactions. After analyzing enough of these anonymized transactions, this model can start to predict future transactions.

Read more.

Source: Mastercard