SMBC, Fujitsu to Partner on AI-Driven Forecasting Services
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Sumitomo Mitsui Banking Corp. is tapping Fujitsu Ltd.’s artificial intelligence models to bolster its advisory services for customers grappling with rising wages and materials costs.
The banking arm of Sumitomo Mitsui Financial Group Inc. is in talks to provide corporate client data to Fujitsu to run through the IT company’s multimodal machine learning tools to make business forecasts, according to people familiar with the matter.