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UBS the Only European Bank to Enter Top 10 for AI Adoption

Euronews +1 ·

UBS UBS Group AG
$48.47 +0.60%
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  1. 1UBS rose one spot to 6th place in this year's AI adoption rankings.
  2. 2HSBC fell to 11th place, dropping out of the top 10.
  3. 3The rate of improvement in banks' AI capabilities over the past year was nearly three times the three-year average.

So what's the key point?

UBS moved up to 6th place in the rankings for banks that use artificial intelligence well. This means banks are developing artificial intelligence technology much faster than before.

Source Euronews +1 · View original ↗

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