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The Nexus
BUSINESSJul 30 · 04:00 UTCSCMP WORLDDake Liu

Finance firms set to pour more investment into AI amid ‘data divide’ fears

Most global asset management firms plan to increase their AI budgets by at least 50% in the next year. A study by Clearwater found that 62% of fund managers anticipate transformative changes in data generation and summarization due to AI adoption.

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ClearwaterorganizationArtificial Intelligencetopicasset management firmsorganizationfund managerstopicdata dividetopic
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