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Deutsche Bank partners with NVIDIA to embed AI into financial services

December 08, 2022

Deutsche Bank partners with NVIDIA to embed AI into financial services
Deutsche Bank today announced a multi-year innovation partnership with NVIDIA to accelerate the use of artificial intelligence (AI) and machine learning (ML) in the financial services sector.

Combining Deutsche Bank’s financial industry expertise with NVIDIA’s leadership in AI and accelerated computing will hasten the development of a broad range of regulatory-compliant AI-powered services. The partnership will support Deutsche Bank’s cloud transformation journey, for example by using AI and ML to simplify and accelerate cloud migration decisions. 

“AI, ML and data will be a game changer in banking, and our partnership with NVIDIA is further evidence that we are committed to redefining what is possible for our clients,” said Christian Sewing, CEO, Deutsche Bank. 

“This partnership is a significant step forward in our AI and ML ambitions. It will help us take a leading position in the usage of these technologies in financial services,” added Bernd Leukert, Deutsche Bank’s Management Board Member responsible for Technology, Data and Innovation.

“Accelerated computing and AI are at a tipping point, and we’re bringing them to the world’s enterprises through the cloud,” said Jensen Huang, founder and CEO, NVIDIA. “Every aspect of future business will be supercharged with insight and intelligence running at the speed of light. Together with Deutsche Bank, we are modernizing and reimagining the way financial services are operated and delivered.

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