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Intellect Design Launches AI Platform Purple Fabric, Aims $100-Million Revenue
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Intellect Design Launches AI Platform Purple Fabric, Aims $100-Million Revenue
IntellectAI, a unit of fintech company Intellect Design Arena, has launched an artificial intelligence platform called Purple Fabric for financial institutions. The platform comes with six products that offer financial entities a chance to achieve “substantial business impact," the company said.Purple Fabric is a retrieval-augmented generation-ready platform, which means that it combines existing traditional information retrieval systems like d…
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