Prem Natarajan, Chief scientist at Capital One, discusses applying AI in fraud detection, the transformative power of large language models and generative AI, evolving composition of AI teams, and the potential applications of generative AI in summarizing papers and comparing documents.

Prem Natarajan, chief scientist at Capital One, discusses AI access and inclusivity as technical challenges. They explore issues of bias, class imbalances, and the integration of research initiatives. They discuss foundation models for financial data and the importance of data quality and federated learning. They also touch on the use of LLMs and deep learning in various applications and the importance of research and impact for a bank.