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flag HSBC partners with Mistral AI to use generative AI globally for efficiency and client service.

flag HSBC has signed a multi-year deal with French AI firm Mistral AI to deploy generative AI tools across its global operations, aiming to boost efficiency, automate tasks, and enhance client services. flag The bank will use Mistral’s models on a self-hosted platform, focusing on financial analysis, translation, risk assessment, and personalized communication. flag The move supports HSBC’s digital transformation and builds on its existing AI use in fraud detection and compliance, with an emphasis on responsible AI practices and data security.

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