FINANCIAL SERVICES
CREDIT : ORACLE
The explosive growth of artificial intelligence in banking and financial services has created unprecedented demand for robust infrastructure and expertise to support AI initiatives at scale .
Through their strategic partnership , technology giants Oracle Corporation , a global provider of enterprise software and cloud computing solutions , and NVIDIA Corporation , the world leader in accelerated computing , are positioning themselves as key enablers of this transformation .
The financial services sector stands at a crucial turning point in its technological evolution .
“ AI has been a great motivator to either make that move to get the data closer to cloud services , or adopt cloud services inside of their own premises ,” says Leo Leung , GVP of Oracle Tech and OCI at Oracle .
“ I ’ ll spend quite a bit of time talking about data today , because I think that ’ s one of the prime assets for a lot of financial institutions , and being able to leverage that data with AI is critical .”
The adoption of AI technology is reshaping how banks operate and serve their customers . Forward-looking institutions are implementing AI solutions across multiple dimensions , from customer support to investment recommendations .
Following the launch of ChatGPT , the industry entered a phase of rapid experimentation and innovation .
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