LLM’s & AI reshaping finance: Join us on the Future of Money Podcast, brought to you by CFTE, hosted by Ronit Ghose and Gaurav Dhar, supported by XVC tech, where we are joined by Naré Vardanyan, CEO of Ntropy Network.  Broadcasting from the bustling streets of New York, Nare highlights the overlooked significance of AI's future impact, emphasising the pivotal role of affordable energy. It's not just about building effective models but also ensuring scalability and affordability across diverse data volumes and applications. If you’re curious, tune in to discover how AI is used to interpret and optimise vast amounts of financial data, reducing operational costs by up to 40% and providing unprecedented analytical capabilities. "If I want to classify a billion transactions, which is 1/10 of a volume of a medium-size US issuer, it's nothing with a duty-for-size model, and will cost me $50 million today. This is a basic task that the models are very good at." Key Highlights: Impact of LLMs on financial data optimization and decision-making. Real-world applications and benefits of AI in handling billions of data points. An accuracy rate of 98.9% in predictive responses from Ntropy’s AI models, indicating high reliability in their automated systems.  Discussing the economic implications, and how using a traditional model to classify one billion transactions could cost as much as $50 million. Join us as Nare talks about the real magic of AI in finance, which isn't just about crunching numbers; it's about transforming how we see and interact with data.  👥 If you enjoy our podcast and are curious about the future of money and tech, share your thoughts and comment on who you would like to listen to for the upcoming guest speakers.