China’s Financial Services Industry Is Banking on AI

“In 2018, Chinese financial institutions invested about CN¥160.4 billion (US$23 billion) in technology, an increase of 10 percent over 2017, of which AI hardware and software-related investment accounted for 10.4 percent. The banking industry was the biggest investor in AI-related applications, accounting for 70 percent of all market purchases.”

https://www.google.com/amp/s/syncedreview.com/2020/01/04/chinas-financial-services-industry-is-banking-on-ai/amp/

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