Save a lot of money with this AI trick

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Welcome to The Menu Magic - Finance & AI weekly newsletter

In today’s email:

• Save a lot of money with this AI trick

• Become a PHD in AI in Europe

• Meme of the week

Save a lot of money with this AI trick

Dear friend,

Venturing into the tech-savvy realm of Large Language Models (LLMs) for your apps? Let's demystify some jargon so you can harness the power of LLMs, even with a finance-oriented lens.

In the digital world, LLM UX Bridges are conduits that help your app communicate with large language models, translating complex queries into actionable insights. However, they can be slow and pricey, thanks to latency (the delay before a transfer of data begins) and costs associated with heavy-duty processing.

Enter Support Vector Machines (SVMs) – simpler, nimble models that can take over once you've collected enough data through LLM calls. Unlike their bulky counterparts, SVMs can slash the response time from a sluggish 2 seconds to a lightning-fast less than 20 milliseconds. And the cherry on top? No need for Graphics Processing Units (GPUs), which are typically required for crunching large datasets but come with hefty price tags.

The transition from LLMs to SVMs is like swapping a sledgehammer for a scalpel, making your app not only faster but also more cost-efficient. And the realm of transfer learning and model distillation? It’s the art of transferring knowledge from the robust LLMs to the leaner SVMs, a game-changer in optimizing performance without breaking the bank.

Leverage SVMs alongside OpenAI embeddings with merely a few hundred labeled data entries, and witness impressive outcomes. There's no need to retrain a local LLM if already in use; simply adjust the SVM.

So, as you leap into building your app, remember, that a little tech savvy can go a long way in marrying finance with the digital realm, without a hefty price tag.

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P.S. Ready to take the leap from financial maven to tech-savvy app developer? Your journey might just redefine how finance and technology dance together.

Become a PHD in AI in Europe

Dear friend,

Ever dreamt of immersing yourself in the heart of Artificial Intelligence (AI) innovation? Your golden ticket awaits! The #ELLISPhD Program in Europe is opening doors for aspiring AI maestros like you.

Apply by November 15, and step into a realm of cutting-edge AI labs sprawled across the picturesque landscapes of Europe. With a pool of 200 top-notch machine learning researchers ready to mentor, you're not just earning a PhD; you're crafting a journey amidst the crème de la crème of AI.

Don’t just chase the AI wave; ride it with the best in the business. Your adventure into the future of AI is a click away. Dive into the FAQs, and let your AI saga begin! Learn more

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Meme of the week

I'd love to hear your feedback on today's newsletter! Is there a specific type of content you'd like to see more of in the future? Since I'll be releasing a new edition each week, I welcome any suggestions or requests you may have. Looking forward to hearing your thoughts!

The Menu Magic is written by Francisco Cordoba Otalora, a Fintech entrepreneur living in London.

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