Abstract
From Washington, D.C., NewsRx journalists report that a patent application by the inventors BUFORD, John (Somerset, NJ, US); PHAM, Baoquoc (Richmond, TX, US), filed on August 5, 2022, was made available online on February 8, 2024. The patent’s assignee is JPMorgan Chase Bank N.A. (New York, New York, United States). News editors obtained the following quote from the background information supplied by the inventors: “ “This technology relates to methods and systems for training of artificial intelligence (AI) and machine learning (ML) models in order to ensure efficiency and high quality performance. “A machine learning (ML) model life cycle (MLMLC) is a complex interdisciplinary business process. Conventionally, the MLMLC is often used for developing information technology data-analysis applications in which no closed-form algorithmic solution is known but for which sufficient historical or reference data is available, and in which a solution may be operationalized against related data.