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For now, cloud AI is the answer even for finance as AI advances fast

No Kyung-hoon (노경훈), head of financial business at Amazon Web Services Korea, said there are no technical or regulatory problems with using cloud in finance and that AI will accelerate cloud adoption. He said building AI infrastructure in internal data centres can become a burden as AI changes quickly and new technology may be hard to use on existing systems. He cited a survey of about 150 firms showing around 60 percent use or plan cloud because of AI.