Why it matters: Artificial intelligence and image editing has come a long way! GANPaint Studio tool takes a natural image of a specific category, e.g. churches or kitchen, and allows modifications with brushes that do not just draw simple strokes, but actually draw semantically meaningful units – such as trees, brick-texture, or domes. This is a joined project by researchers from MIT CSAIL, IBM Research, and the MIT-IBM Watson AI Lab.
Why it matters: Artificial Intelligence can play a very crucial role in improving fraud detection, and help FinTech startups, banks, and social media payment systems. Improvement of fraud detection in banking using machine learning while reducing time. Here is my take on it.