Alexandra Mousavizadeh, Evident co-founder and CEO, joins 'Squawk Box' to discuss the adoption of AI by the banking sector, which bank came out on top of the ranking, AI use cases in the industry, and more.
!I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks or Crypto will be appreciated
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Did I hear it correctly ? We are ranking banks based on who can put together great presentations using AI. Not based on whether they have integrated their pricing models into AI or training customer daily transactions and deliver a product / feature to customer to reduce spending or suggestions on alternatives.
I think your correct but it goes deeper, and there is more value there than you think. Banks historically even for their top clients have been treating customers on a macro level as "this is what you should do based on other peoples data" now with Ai capable of harvesting personal account data ai is capable of micro level "this is what you should do compared to others, the industry, what we as a bank can provide for you and other similar investors based on your own and other peoples data." Example: your a business owner. You have because of your industry not your personal habits a tougher time dealing with loan interests that flucate v.s. fixxed and you are currently doing a payment schedule that doesn't sync well with your seasonal based income say tax software. Ai and a good agent on your banks side can make quite a bit of quality of life improvements to both your spending and saving guidance I would assume v.s. traditional "flat" global recommendations. Ai in this case has it's benefit in how well Ai and agents can read where innovation in your banking out of the general good advice. I can see wins there.
Worst show on CNBC. Joe's been giving trump a bj for the last six months in hope of an interview and failed to get it. The show, i guarantee, is a drag on ratings. What does Jim Cramer think being intro'ed by these three clowns? They have zero chemistry and most americans don't identify with any of them. Please just fire them and start with Jim or something.
