Sberbank expects over RUB 66 billion (USD 1.04bn) as additional revenue from introduction of AI technologies.TASS reports that installation of AI technologies in the bank brought it around RUB 42 billion (USD 664m) in 2019.Sberbank intends to become the AI leader in the Russian market, estimating the country’s artificial intelligence market to reach RUB 80 billion (USD 1.26bn) by 2024. 04.09.2019 | 10:41 Sberbank to trust AI to issue loans to individuals “AI transformation is a major task we are fulfilling precisely for increasing efficiency. The transformation system, the system of process management is one of the bank’s primary initiatives. It involves the entire management and we are actively developing it,” noted First Deputy Chairman of Sberbank Executive Board Alexander Vedyakhin. 08.11.2019 | 15:30 Sberbank presents Russia’s fastest supercomputer Senior Vice President of Sberbank Yulia Chupina said that the bank had invested over USD 2 billion so far to build its own ecosystem. “Although all our purchases and additions to the ecosystem are widely discussed, these investments are not large, actually,” she noted. 29.10.2019 | 14:15 Sberbank launches a “tasty” platform The Sberbank ecosystem includes several dozens of companies providing financial and other services: e-commerce (Yandex.Market), medicine (DocDoc), telecommunications (Sberbank Telecom), cloud technologies (SberCloud), communications (Dialog), identification (VisionLabs), lifestyle (Foodplex), optimization of business processes (Evotor, Intercomp), etc.According to the Fintech 2019 study, Sberbank usually makes the largest investments in digital transformation among Russian banks: it has invested over RUB 390 billion (USD 6.16bn) between 2015 and 2018.The partner of Fintech section is Tweet Views 21949