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Artificial Intelligence in Finance: Opportunities and Challenges

Artificial intelligence (AI) is not a new kid on the block anymore and the field is developing at a constantly increasing pace. Pretty much every day there is some kind of new development, be it a research paper announcing a new or improved machine learning algorithm, a new library for one of the most popular programming languages (Python/R/Julia), etc.

Aside from those newsworthy achievements, in the last decades, AI has been widely adopted in virtually every industry. We can see it all around us. The recommendations we are getting on Netflix, the emails we receive about an extra discount for an online shop we have not used recently, to name just a few.

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