Learn about model risk, its causes, management strategies, and real-world examples from financial industry pitfalls. Unlock ...

Computer models that form the basis for future global warming predictions have projected significantly more warming in recent years than has actually occurred, concludes a comprehensive new scientific ...

Headline-hitting DeepSeek R1, a new chatbot by a Chinese startup, has failed abysmally in key safety and security tests conducted by a research team at Cisco in collaboration with researchers from the ...

The resilience of the US economy in 2023 was a surprise for some economists. An intriguing explanation for why many recession models failed last year: resiliency in residential construction payrolls.

Bottom line: Recent advancements in AI systems have significantly improved their ability to recognize and analyze complex images. However, a new paper reveals that many state-of-the-art visual ...