“Banks and financial services companies are prioritizing and strengthening their investments in technology to increase speed, resiliency and drive cost efficiency. According to JLL’snew 2023 Banking and Finance Outlook, the current landscape is guiding financial services organizations to accelerate their digitalization efforts to combat challenges. These companies are anticipated to spend an additional $31 billion worldwide by 2025 on artificial intelligence (AI), meaning the banking and financial services industry will deliver the largest AI investments in 2023.”
https://www.us.jll.com/en/newsroom/banking-and-finance-industry-to-become-largest-ai-investors