Rackspace Technology's E-book, 'Transforming Financial Services with AI and Private Cloud Synergy,' explores how private cloud is essential for AI and machine learning adoption in the banking, financial services, and insurance (BFSI) sector. It highlights the industry's rapid AI-driven changes, noting 60% of BFSI leaders identify AI/ML adoption as a major Q1 2024 trend, with 85% planning investments soon. The document positions private cloud as a critical enabler, offering robust, secure infrastructure for effective AI deployment in this highly regulated environment. Benefits include enhanced data security, streamlined compliance, customisation, and efficient resource management. An example illustrates Rackspace Private Cloud AI streamlining claims for an insurance company via OCR, NLP, cl

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