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Launch date for windows 114/7/2023 ![]() ![]() What are the benefits of using artificial intelligence in finance? Read also: How to use artificial intelligence ChatGPT Without creating an account and without the need for a phone number. We can apply artificial intelligence to financial markets and predict future trends, for example: a machine can be trained to recognize patterns in stock movements and then use this knowledge to make predictions about future stock prices. It is based on the idea that the human brain can be simulated by a machine and that, if enough data is available, a machine can learn to think and act like a human. ![]() ![]() How does artificial intelligence work in financial markets?Īrtificial intelligence is a branch of computer science that deals with the creation of intelligent machines that act and act like humans. Communication and information technologyĮxperts note that the banking and insurance sector (BFSI) accounts for the highest market share in the use of AI, primarily due to technological innovation, increasing penetration of digital banking services among consumers, and increasing concerns about the prevention and management of financial crime and cybersecurity risks.Banking, Financial Services and Insurance (BFSI).
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