Investment in AI is soaring, yet its real-world utility is still evolving, with many viewing it as an emerging technology.
While the financial sector has been using artificial intelligence in one form or another for several years, the recent uptick in AI-related activity and investment is sharpening the focus on how far and fast these new technologies can be scaled. According to the latest Infosys Bank Tech Index, global banks allocated 29% of their technology budgets to AI in Q3…
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https://gfmag.com/technology/banking-fintech-ai-investment-big-data-hyperscaling/