Recurrent Neural Networks (RNNs)

Hello!!
Welcome to the new edition of Business Analytics Review!

In today’s edition, we are going to discuss Recurrent Neural Networks (CNNs) which are deep learning models specifically designed to process sequential data. They are particularly effective in tasks where the order of inputs is crucial, such as in natural language processing (NLP), speech recognition, and time series prediction.

They maintain an internal memory through feedback loops, allowing them to capture temporal dependencies and "remember" past inputs to influence future outputs. This has led to the development of alternatives like LSTMs and GRUs.