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Escalating AI Costs Shouldn’t Hinder Finance Sector’s Adoption
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Escalating AI Costs Shouldn’t Hinder Finance Sector’s Adoption
Financial institutions face a dilemma: Cost is one of the biggest barriers to their adoption of artificial intelligence, yet capabilities will never be more affordable than they are right now. More than half of organizations abandoned their AI efforts after miscalculating costs last year, according to Gartner, and building a foundational generative AI model simply isn’t feasible for most. Affordable options remain that can be retrained on a bank…
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