Finance is poised to undergo a transformation, as Artificial Intelligence (AI) steps in to make real-time decisions using vast data sets. This vision was outlined by Jason Cao, CEO of Global Digital Finance at Huawei, during Huawei Intelligent Finance Summit 2023.
Mr. Cao highlighted that globally, there will soon be 100 billion connections, and with those, an explosion of data to the zettabyte level.
He also noted that compute power is now entering the zettaflop era to power AI as it passes the inflection point of driving transformation across a spectrum of industries and services.
