DeepSeek’s latest R1 reasoning AI model was updated without disclosing the data source, leading AI experts to suspect Google’s Gemini family was involved. The use of external data sources like Gemini could impact the model’s performance and raise questions about data privacy and transparency in AI development.
AI poised to slash banking costs by 20%, says McKinsey
McKinsey’s report highlights AI’s potential to significantly reduce banking costs while emphasizing the importance of early adoption for competitive advantage.