WHITE P APER 1 | | Lexalytics, Inc., 48 North Pleasant St. Unit 301, Amherst MA 01002 USA | 1-800-377-8036 | www.lexalytics.com A Better Approach to AI for Regulatory Compliance Companies with regulatory compliance burdens are flocking to AI for time- savings and cost reductions. The money involved is staggering: Since 2013, “AI for healthcare” startups have raised $4.3 billion across 576 deals 1 at an average of almost $7.5 million each. Meanwhile, the World Economic Forum expects financial institutions to invest $10 billion in AI by 2020. 2 The reasons for these investments? AI can help the healthcare system save $269 billion annually, 3 according to McKinsey. AI will save the banking industry $1 trillion by 2030, 4 says Bain & Company. And PwC predicts that

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