Apple is getting into LLMs: here’s how their MM1 can revolutionize multimodal AI & drive innovation across ecosystems 🤖🍎; JPMorgan bets big on Biometric Payments to transform retail checkout 🖐️💳

FinTech is Eating the World, 18 March

Hey Everyone,

Good morning! We’re starting a new FinTech week on Tuesday but it’s more than worth the wait 🫡 Today we’re going to analyze Apple that’s getting into LLMs (a deep dive into the tech giant’s multimodal AI breakthrough and how it will disrupt Apple Finance and other ecosystems + bonus read on how Apple can convert iPhones into financial powerhouses and lead in AI-driven finance), and JPMorgan that’s betting BIG on biometric payments in a quest to transform retail checkout forever (where’s the money at & why it makes sense + some bonus deep dives into JPM). Let’s jump straight into the fascinating stuff 🌶

Apple is getting into LLMs: here’s how tech giant’s MM1 can revolutionize multimodal AI and drive innovation across ecosystems 🤖🍎

The news 🗞️ Apple's AAPL 0.00%↑ recent groundbreaking research into Multimodal Large Language Models (MLLMs) has yielded MM1, a family of dense and mixture-of-experts models poised to transform not only the AI landscape but also Apple's diverse ecosystem of products and services.

By leveraging key insights from model architectures, training data composition, and training procedures, MM1 has the potential to redefine user experiences across Apple's Finance, Health, and AR/VR offerings.

Let’s take a deeper dive into this, uncover all the key details, and see why it could be a game-changer for the tech titan.