Lloyds Banking Group is building its next-generation machine learning platform on Google Cloud's Vertex AI in a move that will replace legacy systems. Here's how the partnership fits into the bank's broader transformation.
Generative AI use cases are proliferating in financial services to illustrate a trend that's a bit counterintuitive--heavily regulated industries appear to be better set up for artificial intelligence because they have their data and controls in order.
JPMorgan Chase will deliver more than $1.5 billion in business value from artificial intelligence and machine learning efforts in 2023 as it leverages its 500 petabytes of data across 300 use cases in production.
