12 AI News Investors Should Not Miss This Week

2. Fidelity National Information Services, Inc. (NYSE:FIS)

Number of Hedge Fund Holders: 53

Fidelity National Information Services, Inc. (NYSE:FIS) is an information technology services company that provides financial services technology solutions for financial institutions, businesses, and developers worldwide. On March 10, the company unveiled an AI-driven product support tool, Treasury GPT.

Integrated within its FIS Treasury and Risk Manager, the AI-powered tool leverages Microsoft Azure Open AI service to respond quickly to user queries about product usability, client configuration, and best practices. Treasury GPT should strengthen Fidelity National Information Services, Inc. (NYSE:FIS) prospects in the treasury management sector as it addresses critical efficiency challenges for corporate treasurers.

“Corporate treasurers have a major role to play in their organizations, but emerging risks and expanded responsibilities can create disharmony and disruption to their strategies and workflows,” said JP James, head of Treasury and Risk at FIS. “In this fast-changing environment, having access to the best tools and innovations is what will keep corporate treasurers ahead of the curve. By launching Treasury GPT, we’re giving our customers a competitive edge that can unlock the power and capabilities of FIS solutions and steer their companies to growth.”