China’s AI Expansion Could Shift the Fintech Balance of Power
Wei-Shen thinks about how the battle for supremacy in AI will evolve in the near future, and what the implications of China’s advances in the field might mean for Wall Street technology.
When we think of financial technology in the wholesale capital markets, the names that immediately jump to mind are Western companies: Bloomberg or Refinitiv; Ion or SS&C; FactSet or S&P; Amazon or Microsoft; Google or IBM. But what would happen if the race for AI supremacy puts China ahead of Western nations?
Even if you haven’t heard his name before, Kai-Fu Lee is one of the world’s foremost experts when it comes to artificial intelligence. Lee has held senior roles at Microsoft and Google
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
SimCorp–MSCI expand partnership, quantum exploration, Dora concerns, and more
The Waters Cooler: Droit launches GenAI regtech tool, bids for EU OTC derivatives tape open, and more in this week’s news roundup.
The quantum leap: How investment firms are innovating with quantum tech
While banks and asset managers are already experimenting with quantum computing to optimize operations, they should also be proactive in adopting quantum-safe strategies.
‘The end of the beginning’: Brown Brothers Harriman re-invents itself
Voice of the CDO: Firms who want to use AI successfully better start with their metadata, says BBH’s Mike McGovern and Kevin Welch.
2026 will be the year agent armies awaken
Waters Wrap: Several AI experts have recently said that the next 12 months will see significant progress for agentic AI. Are capital markets firms ready for this shift from generative AI to agents?
Editor’s Picks: Our best from 2025
Anthony Malakian picks out 10 stories from the past 12 months that set the stage for the new year.
The next phase of AI in capital markets: from generative to agentic
A look at some of the more interesting projects involving advanced forms of AI from the past year.
Market data costs defy cyclicality
Trading firms continue to grapple with escalating market data costs. Can innovative solutions and strategic approaches bring relief?
As trading firms embrace AI, so do hackers
According to a Google cybersecurity report, cybercriminals are turning to AI to sharpen their attacks.