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A couple of years after its initial boom, artificial intelligence (AI) still remains a huge buzzword in the fintech industry, as every firm looks at a new way of integrating the tech into its infrastructure to gain a competitive edge. The role of the CFO, for example, will be transformed over the next decade, thanks to AI.
used Chinese-made semiconductors to develop techniques for training AI models that would cut costs by 20%, according to people familiar with the matter. and Huawei Technologies Co., Jack Ma-backed Ant Group Co. Ant used domestic chips, including from affiliate Alibaba Group Holding Ltd.
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