AI Revolutionizes Banking Sector

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AI banking revolution

The Motley Fool

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2 Bank Stocks Leading the Artificial Intelligence Revolution

Summary

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80% Informative

The global AI-in-banking market, valued at $3.88 billion in 2020 , could reach $64.03 billion by 2030 .

JPMorgan Chase and Bank of America stand out for leadership in this technological revolution.

JPMorgan employs 1,500 data scientists and machine-learning engineers who have developed an AI assistant called LLM Suite that streamlines tasks from email composition to complex financial analysis.

George Budwell has positions in JPMorgan Chase . The Motley Fool has positions in and recommends Bank of America and JPMorgan Chase . The Motley Fool has a disclosure policy. 2 Bank Stocks Leading the Artificial Intelligence Revolution was originally published by The Motley Fool .

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formal

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English

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