Friday, 24 March, 2023

CBA to partner with AI-based firm to provide better, smarter financial products

<p>Commonwealth Bank of Australia, the country&#39;s biggest lender acquired a minority stake in H20.ai Inc, Silicon Valley-based AI tech firm. This is said to give CBA an edge over its competitors in designing smarter financial products. CBA did not disclose the exact amount of stakes it had acquired in the firm. The bank is also going to offer a platform to trade in crypto to its customers, becoming the first bank in the country to do so.<br /> &nbsp;</p>