HSBC Strikes Multi-Year Deal With France’s Mistral AI as Banks Intensify Race for Generative AI Advantage

HSBC has signed a multi-year agreement with French start-up Mistral AI to embed the company’s generative artificial intelligence tools across the bank, a move the lender says will accelerate automation, lift productivity, and strengthen the way it serves clients globally. Announcing the pact on Monday, HSBC said it will deploy Mistral’s commercial generative models —

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