The world is fast evolving, with Artificial intelligence (AI) at the forefront in changing the world and the way we live. No longer buzzwords in business anymore, when adopted the right way, this technology benefits businesses in millions of ways – from enhancing efficiency and workflow to offering user convenience and accessibility.
According to analysts, AI is undoubtedly the present and the future of this digital landscape and if a company’s system is still not integrated with AI, there’s a chance it might lag behind its competitors. After all, the AI market is expected to reach the $500 billion milestone by 2024.
A company that is leading the AI charge is NVIDIA. Since its founding in 1993, the firm has been a pioneer in accelerated computing. Its invention of the graphics processing unit (GPU) in 1999 sparked the growth of the PC gaming market, redefined computer graphics, ignited the era of modern AI and is fueling the creation of the metaverse.
Today, NVIDIA is actively working with customers across various industries, including dozens of the world’s leading banks to develop and execute rapidly evolving AI strategies, whether that be figuring out how to take advantage of generative AI or using synthetic data for fraud detection.
In an insightful conversation with #biztechasia Malcolm de Mayo talks about the cutting edge solutions that NVIDIA offers its customers, why AI is a game changer for the banking sector including insights into the firm’s recently launched “State of AI in Financial Services” report. He also shares the biggest challenges faced by enterprises in achieving their AI goals, including hiring and retaining AI talent.
Additionally, he touched on:
- The company’s secret sauce to success and why it is the vendor of choice for customers in the financial services industry
- Customer success stories
- Key priorities for FSIs in 2023
- His views on ChatGPT and how it will shape the enterprise market in financial services
Guest: Malcolm de Mayo, Global Vice President – Financial Services Industry, NVIDIA
Host: Brian Fernandez
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