Exclusive Content:

Haiper steps out of stealth mode, secures $13.8 million seed funding for video-generative AI

Haiper Emerges from Stealth Mode with $13.8 Million Seed...

“Revealing Weak Infosec Practices that Open the Door for Cyber Criminals in Your Organization” • The Register

Warning: Stolen ChatGPT Credentials a Hot Commodity on the...

VOXI UK Launches First AI Chatbot to Support Customers

VOXI Launches AI Chatbot to Revolutionize Customer Services in...

Revamping chatbots and leveraging gen AI: An interview with Art Weston from Fifth Third

Art Weston’s Overhaul of Fifth Third Bank’s Chatbot: Improving Natural Language Understanding and Automation

Art Weston, the director of AI transformation at Fifth Third Bank, has been hard at work overhauling the bank’s chatbot, Jeanie. With a team of developers, Weston has significantly improved Jeanie’s natural language understanding, increasing its accuracy from 25% to 90% in deciphering customer inquiries.

The key to this improvement was re-architecting the natural language understanding algorithm to eliminate the challenges of interpreting customer requests with nuance. Weston and his team spent months fine-tuning the algorithm to strike the right balance between specificity and flexibility.

In addition to improving Jeanie’s accuracy, Weston has also applied for patents on technology that addresses risks associated with using generative AI in customer-facing scenarios. By safeguarding against potential issues such as hallucinations and unauthorized manipulation by bad actors, Weston is ensuring that Jeanie remains a reliable and secure resource for Fifth Third Bank customers.

Furthermore, Jeanie has been equipped with the ability to complete certain tasks autonomously, such as retrieving information from APIs or applications. Weston’s team has integrated automation processes using software from Lucid, allowing Jeanie to streamline customer interactions and provide efficient service while maintaining an option for customers to speak with a human agent if needed.

Looking ahead, Weston and his team are exploring additional use cases for AI within Fifth Third Bank, with a focus on leveraging generative AI as a productivity tool for employees. By harnessing machine learning algorithms to acquire and retain customers and deepen relationships, Weston is committed to driving innovation and efficiency within the organization.

With a relentless dedication to enhancing customer experiences and advancing AI technology, Art Weston is leading Fifth Third Bank into a new era of intelligent banking solutions. As the boundaries of AI continue to expand, Weston’s vision for the future of AI-driven banking is poised to revolutionize the industry.

Latest

Tailoring Text Content Moderation Using Amazon Nova

Enhancing Content Moderation with Customized AI Solutions: A Guide...

ChatGPT Can Recommend and Purchase Products, but Human Input is Essential

The Human Voice in the Age of AI: Why...

Revolute Robotics Unveils Drone Capable of Driving and Flying

Revolutionizing Remote Inspections: The Future of Hybrid Aerial-Terrestrial Robotics...

Walmart Utilizes AI to Improve Supply Chain Efficiency and Cut Costs | The Arkansas Democrat-Gazette

Harnessing AI for Efficient Supply Chain Management at Walmart Listen...

Don't miss

Haiper steps out of stealth mode, secures $13.8 million seed funding for video-generative AI

Haiper Emerges from Stealth Mode with $13.8 Million Seed...

VOXI UK Launches First AI Chatbot to Support Customers

VOXI Launches AI Chatbot to Revolutionize Customer Services in...

Investing in digital infrastructure key to realizing generative AI’s potential for driving economic growth | articles

Challenges Hindering the Widescale Deployment of Generative AI: Legal,...

Microsoft launches new AI tool to assist finance teams with generative tasks

Microsoft Launches AI Copilot for Finance Teams in Microsoft...

AI Chatbots Exploited as Backdoors in Recent Cyberattacks

Major Malware Campaign Exploits AI Chatbots as Corporate Backdoors Understanding the New Threat Landscape In a rapidly evolving digital age, the integration of generative AI into...

Parents Report that Young Kids’ Screen Time Now Includes AI Chatbots

Understanding the Age Limit for AI Chatbot Usage Among Children Insights from Recent Surveys and Expert Advice for Parents How Young is Too Young? Navigating Kids...

The Challenges and Dangers of Engaging with AI Chatbots

The Complex Relationship Between Humans and A.I. Companions: A Double-Edged Sword The Double-Edged Sword of AI Companionship: Transforming Lives and Raising Concerns Artificial Intelligence (AI) has...