Hyderabad, March 7 -- Telangana IT, Industries and Commerce Minister Duddilla Sridhar Babu on Saturday said Hyderabad is rapidly emerging as a global hub for artificial intelligence (AI)-based financial technology.
Delivering the keynote address at the CFOs' Conference organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) at the Vijnanajyoti Institute of Management (VJIM) in Bachupalli, the minister said several leading global financial institutions are establishing innovation and engineering centres in the city.
He noted that AI is transforming the role of technology in the financial sector.
"Technology that once focused mainly on cost calculations is now driving innovation and enabling better financial decisio...