Large Action Models (LAMs)

Large Action Models, or LAMs are a newer class of Artificial Intelligence models designed to take actions, not just generate text. LAMs interact with tools, APIs, databases, and external systems to execute tasks beyond simple text generation.

LAMs have abilities to interact with multiple external sources such as databases via APIs and fetch-real time data.

LAMs have the ability to substantially reduce manual effort in institutions with process-intensive operations, such as banks. LAMs can directly interface with external systems which helps in bringing intelligent process automation or Cognitive Hyper Automation.

Patterns Cognitive has brought about immense transformation with its suite of cutting-edge AI products, which employ LAMs extensively to optimize banking operations.