How a Legacy Financial Institution Went All In on Gen AI

How a Legacy Financial Institution Went All In on Gen AI

Why did Moody’s—a legacy financial institution built on risk assessment—move aggressively to adopt generative AI, an unproven technology? Because leadership calculated that the risk of standing still outweighed the risk of moving fast. Instead of cautious experimentation, Moody’s launched a company-wide transformation grounded in three principles: 1) everyone had to be involved, 2) new ideas should be built upon, not dismissed, and 3) real busin…

Digitalisation is often blocked by old technologies that are seen as an obstacle to progress. However, with the rise of artificial intelligence and machine learning, overcoming these barriers is getting closer and closer. Eaton's Brightlayer Report shows how different industries use AI and ML to increase their efficiency, achieve sustainability goals and actively shape the digital future. A survey commissioned by Eaton among data center, energy …