Ad
Skip to content

HSBC relies on Mistral AI for global AI integration

HSBC has signed a multiyear partnership with the French startup Mistral AI to bring generative AI across its global operations. According to the announcement, the bank wants to speed up internal workflows and improve customer service by running Mistral's models on its own infrastructure.

HSBC plans to use the technology for financial analysis, translations, and risk assessments. The bank also expects gains in marketing and credit evaluation. It already uses AI for fraud detection and is folding the new tools into its existing security policies.

AI News Without the Hype – Curated by Humans

Subscribe to THE DECODER for ad-free reading, a weekly AI newsletter, our exclusive "AI Radar" frontier report six times a year, full archive access, and access to our comment section.

Read on for the full picture.
Subscribe for hype-free coverage.

  • Full access to every article on THE DECODER
  • No ads
  • Join the comments and community discussions
  • A weekly AI news recap via mail
  • 6x/year: "AI Radar" — deep dives on the AI topics that matter most
  • Daily AI news, always up to date
  • Our full ten-year archive
  • Covered by a team with 10+ years in AI
Subscribe to The Decoder