Artificial Intelligence

Artificial intelligence (AI) refers to the imitation of human intellect by computers that have been designed to think and behave like humans. Additionally, the phrase may be used for any computer that demonstrates characteristics of a human mind, such as learning and problem-solving.

Artificial intelligence is having a profound effect on the future of almost every business and individual. Artificial intelligence has been the primary driver of new technologies such as big data, robots, and loT, and it will continue to do so for the foreseeable future.

Artificial intelligence accelerates, fine-tunes, and maximizes the efficacy of human activities. In financial institutions, AI methods may be used to detect transactions that are likely to be fraudulent, to implement quick and accurate credit ratings, and to automate data management activities that are now performed manually.