AI is revolutionizing financial services, enhancing algorithmic trading, fraud detection, and risk management. The “NVIDIA State of AI in Financial Services” report reveals a surge in AI adoption, with 89% reporting increased revenue and decreased costs. Open source models are crucial for customization, with 83% emphasizing its importance. AI investments are set to increase as institutions capitalize on AI’s benefits.

Read more at NVIDIA: Survey Reveals the Financial Services Industry Is Doubling Down on AI Investment and Open Source