Deutsche Bank with NVIDIA announced an innovation partnership to advance the financial services industry with AI.
 
The collaboration will first focus on risk model development, high-performance computing and the creation of a branded virtual avatar.

The collaboration follows months of exploratory work in which the companies tested a number of potential use cases.

“Together with Deutsche Bank, we are modernizing and reimagining the way financial services are operated and delivered,” said NVIDIA founder and CEO Jensen Huang.

McKinsey estimates that AI technologies could deliver up to $1 trillion of additional value yearly for global banking.

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