- “According to the research report, the global spending in AI applications reached $5.1 billion in 2015.
- The total potential cost savings from these applications are expected to touch $447 billion by 2023.
- Various industry reports found that 36% of large financial institutions are already using such technologies and about 70% are planning AI-enabled digital transformation in the coming years.”
https://www.google.com/amp/s/www.nagpurtoday.in/amp/opportunities-and-limitations-of-ai-in-indian-banking/01071209
