A report by Research and Markets via GlobeNewswire reveals generative AI could redefine financial operations. Like upgrading from a typewriter to a computer, financial institutions are set to harness AI-driven predictive models, risk assessments, and fraud detection. Market expansion from $2.7B in 2024 to $18.9B by 2030 at 38.7% CAGR underscores this transformative tech.
Q&A
- What is generative AI?
- What is CAGR?