UAE Financial Sector Accelerates AI Adoption: Strategic Moves by Emirates NBD and CBD
- 1Emirates NBD is progressing with over 150 AI initiatives, 65 of which are already in the production stage.
- 2Emirates NBD is allocating approximately 50% of its technology budget to AI and became the first bank to deploy OpenAI's GPT models on local infrastructure last month.
- 3CBD revealed strategic technology partnerships, expecting AI agents to handle 55% to 60% of its operational tasks.
So what's the key point?
Emirates NBD and CBD are actively using artificial intelligence technology in their work. These companies are increasing their investments, spending half of their technology budgets on AI.
Source Fortune · View original ↗
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