If you opened this article, you have probably heard about the current controversy regarding the safety and trustability of current Large Language Models (LLMs). The open letter signed by well-known names in the computer science world like Steve Wozniak, Gary Marcus and Stuart Russel presented their concerns on this matter and asked for a 6-month stop in the training of LLMs. But there is another topic which is slowly gaining a lot of attention, which will perhaps motivate another open letter in the near future: energy consumption and carbon footprint of the training and inference of AI models.
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The fintech industry is evolving at an extraordinary pace. From digital banking and payment platforms to blockchain applications and AI-driven financial services, fintech companies…