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Banking Sector Leads AI Investment Surge with $20.6 B, Outpacing Retail

By

Elizabeth Kerr

1y agoen

Source

BanklessTimesBanking Sector Leads AI Investment Surge with $20.6 B, Outpacing Retailbanklesstimes.com
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Global spending on AI projects is rising, with the banking sector taking the lead in investments. According to BanklessTimes.com, banking services poured over $20.6 billion in AI investments in 2023. The site’s financial analyst, Elizabeth Kerr, comments, “The diverse application of AI technologies- including machine learning and NLP can drive meaningful results for banks, promising […] The post Banking Sector Leads AI Investment Surge with $20.6 B, Outpacing Retail appeared first on BanklessTimes .

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