The worldwide AI fervor driven by ChatGPT has led industries across the spectrum to start integrating these smart helpers into their daily operations. Banking is no exception. Multiple Chinese banks are exploring the possibilities of employing AI tools to serve their customers.
Liu Ran and Zhang Yukun Banks in China are turning to artificial intelligence (AI) to save on labor costs and improve efficiency, but the transition faces both technical and regulatory hurdles, according to experts in the field. The worldwide AI fervor driven by ChatGPT, the intelligent chatbot developed by Microsoft-backed OpenAI, has led industries across the spectrum to start integrating these smart helpers into their daily operations.
Uh-oh! This is an exclusive story available for selected readers only.
Worry not. You’re just a step away.
Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors
Stock analysis. Market Research. Industry Trends on 4000+ Stocks
Clean experience with
Comment & Engage with ET Prime community Exclusive invites to Virtual Events with Industry Leaders A trusted team of Journalists & Analysts who can best filter signal from noise
Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-