Financial Stability Report warns of risks posed by AI in finance, including cyber threats and market concentration. – The Hindu BusinessLine

Clipped from: https://www.thehindubusinessline.com/info-tech/ai-evolution-and-adoption-by-financial-industry-poses-several-risks-to-financial-stability-fsr/article69044106.ece High risk of market concentration both within the financial industry as well as critical third party service providers of cloud and AI services

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