The Fed's preferred measure of inflation has eased slightly, which is a small glimmer of hope amid the economic doom and gloom we've been hearing for close to a year. It's promising results for the Fed, who need to make some tough decisions on interest rates while avoiding raising them too high for fear of triggering a recession. But the jobs market is still strong and Silicon Valley Bank's bank run hasn't affected the data - yet. But is inflation easing thanks to tightening monetary policy, or is this a calm before the storm thanks to SVB's collapse? Let's look at the latest data and see how the land lies.

A Swiss fragrance company is counting on artificial intelligence to help it perfect the plant-based burger. Firmenich, one of the world's leading flavor manufacturers, says recreating the sensation of beef relies not only on flavor, texture and color, but also on how it responds to cooking and the way it feels in the mouth. 'Finding a protein that resembles meat from a vegetable protein is highly complex,' Emmanuel Butstraen, head of Firmenich's flavors unit, told AFP. One of the toughest challenges is avoiding an unpleasant aftertaste--pea proteins tend to release bitterness, which the taste buds are quick to pick up, Butstraen noted. Vegetable proteins can give off hints of green apples or pears, an aftertaste of beans, bitterness or sourness, or even a feeling of dryness, said Jerome Barra, the company's innovation director.

Credit Suisse's DTR Program recognizes the top companies who are disrupting traditional IT with new, visionary, and innovative approaches. "At Credit Suisse, technology innovation is key to providing the best user experience and for our customers and partners," said David Patten, CIO of Credit Suisse's IBCM Division at Credit Suisse AG. "The DTR program was created to recognize the companies that are disrupting the status quo in IT with great products and a clear vision in their respective spaces. H2O.ai is a clear leader in the AI and machine learning space, and continues to push the boundaries on what is possible with these technologies, and helps us deliver high-quality services to our clients." "H2O.ai is honored to be selected into the coveted Credit Suisse's DTR program this year. We are democratizing AI and the trusted partner in the AI transformation of world's leading and sophisticated companies like Credit Suisse," said Sri Ambati, CEO and Founder at H2O.ai.

Wall Street Endorses H2O.ai's Vision to Democratize AI H2O.ai, the open source leader in artificial intelligence (AI) and machine learning (ML), announced that Credit Suisse has selected it as a member of its 2019 Disruptive Technology Recognition (DTR) Program. Credit Suisse's DTR Program recognizes the top companies who are disrupting traditional IT with new, visionary, and innovative approaches. "At Credit Suisse, technology innovation is key to providing the best user experience and for our customers and partners," said David Patten, CIO of Credit Suisse's IBCM Division at Credit Suisse AG. "The DTR program was created to recognize the companies that are disrupting the status quo in IT with great products and a clear vision in their respective spaces. H2O.ai is a clear leader in the AI and machine learning space, and continues to push the boundaries on what is possible with these technologies, and helps us deliver high-quality services to our clients."

Amelia comes out of pioneering development by Credit Suisse in partnership with IPsoft, an AI technology provider. She is not only smart but also has some human qualities such as emotional awareness. For example, Amelia perceives when people are irritated or frustrated. Only 30-40 years ago, you had to go to a bank branch, during office hours, to queue for a human teller to hand over the money. Today you go to a cash machine: job done.

We know of the impact that Robotic Process Automation (RPA) has made on multiple industries. However, RPA in itself is undergoing a transformation that is set to bring a wave of unprecedented change. This transformation is known as Intelligent Process Automation (IPA). Intelligent Process Automation is the coming together of Artificial Intelligence with new age technologies such as Natural Language Processing, Machine Learning, Computer Vision, Robotic Process Automation, Cognitive Automation and more. IPA is set to become the core of next generation operating models.

HALF MOON BAY, Calif.--Artificial intelligence is routinely touted at tech conferences and elsewhere as the "Next Big Thing" that is going to transform the customer experience and the ability of companies to better sell and market their wares. But there were also skeptical and cautionary notes sounded here, even from vendors, at the Connected Enterprise conference (running Oct. 22-25) sponsored by Constellation Research. "There are a lot of misconceptions about what AI can do in the enterprise. I would focus on really picking a specific problem," said Inhi Cho Suh, general manager of Watson Customer Engagement at IBM. For customers of IBM's Watson AI supercomputer services, Suh said it's important to focus on precise algorithms for small sets of data.

From the discovery of an eighth exoplanet circling distant star Kepler-90 to Microsoft's ambitious new project to map and decode the human immune system, Artificial Intelligence (AI) and especially its subset Machine Learning – a field of Computer Science that gives computers the ability to "learn" based on past data – have seen a promising boom in application across numerous industries over the past decade. The investment banking sector is amongst those. Opportunities abound, from the basics – like relieving employees of time-consuming, menial tasks, such as cleaning their inboxes or resetting passwords – to more consequential services – such as fighting money laundering, rogue trading, and cybercrime. Even more, the technology promises to protect employee rights through unprejudiced recruitment. Over the past few years, banks, from HSBC to Credit Suisse, have been partnering with financial technology companies to integrate AI into a wide range of operations.

"It's hard to say who's actually making money from this," admits one leading machine learning specialist at a U.S. bank.

Robots, blockchain, artificial intelligence... the list of new-tech innovations battering the finance sector seems endless but there is still one area where the humble human rules supreme - at least for now. The rarefied world of private banking and wealth management seems to hover above the day to day grind of everyday bank functions, dealing as they do with well-heeled, discreet clientele. Anyone trusting a bank with millions - billions, even - wants to be sure they are getting the human touch and not just another algorithm. That means someone who looks you in the eye, has a firm handshake and can talk you through the various ways they plan to protect your legacy and grow your money for your progeny. And yet even within this plush corner of the financial sector, the steady drumbeat of technology is advancing ever louder.