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Why your GenAI investments must start with optimizing cloud strategy

Techradar · 9m

Generative AI is gaining popularity and is expected to attract significant investments in the coming years. In the financial sector, there is a cautious approach to implementing generative AI, but it has the potential to redefine banking models and improve customer interactions. Cloud technology is crucial for leveraging the benefits of generative AI, as it provides the necessary computing power, security measures, scalability, and data management capabilities. While many financial firms have started their cloud journey, a significant number have not migrated core business applications, leading to a disjointed user experience. To successfully adopt generative AI, organizations must focus on outcomes, acquire the right skills, and establish strategic partnerships with cloud solution providers.