AI-Powered Transformation: a Global Revolution that Transcends Borders

Februar 10, 2025
Europa

Starting this week, the Paris AI Action Summit brought together influential political figures, industry leaders, and researchers at a key moment for France, which is currently going through a reaffirmation of its role in the ongoing AI revolution. While AI technologies are often perceived as a US-dominated field, the reality is far from that: innovation is happening on a global scale, driven by world-class talent and pioneering startups from Europe, China, and the Middle East alike.

The recent announcement of €109B to be invested for the development of AI in France, and the advent of new players such as DeepSeek, are reminders that the race is open to all, and that emerging forces such as Europe and China are gradually reframing the current technological shift. What’s more, we are witnessing a reduction of training costs and a rise of specialized LLMs that are giving way to new industrial applications—in turn, this means that AI is now a defining element in the future of corporations and financial institutions.

With this in mind, we hosted a discussion on the impact of AI on finance on Feb. 5— AI Action Summit-certified and part of the official AI Action Week program—to decipher the changes that are underway and the tangible challenges that the sector is facing as a whole.

We designed this event with a clear goal: creating a diaologue between startups, financial institutions and AI experts, in order to understand the way these mutations are shaping the future of finance.

💎​A lookback at the evening’s highlights that revolved around three thematic talks, followed by a fireside chat with BNP Paribas:

✅ Kayrros: leveraging alternative data through AI

Augustin Prate, CPO at Kayrros, went over the advances in terms of alternative data structuring and analysis, illustrating how AI is unlocking strategic insights for the financial industry.

✅ Data annotation, an essential AI component

Philippe Coup-Jambet, Co-founder and COO, highlighted the key role of data annotation in the design of high-performing, reliable models, and emphasized the guidelines to break free from biases.

✅ Alma: Artificial Intelligence and model risk management

Louis Chatriot, Co-founder & CEO of Alma, focused on the importance of feature engineering and non-linear models to refine risk assessment and improve decision-making in credit and financing.

Renaud Dumora (BNP Paribas) and our Operating Partner Charles-Albert Lehalle (Polytechnique), shared their thoughts on the future of AI in banking and its integration within the fintech ecosystem.

💎 Collective thinking to shape the future

The event showcased a wide range of expertise, as well as both the opportunities and challenges that AI represents for the financial industry. More than ever, the integration of startups and pioneering innovators is now essential to accelerate the transformation of existing models.

💎 AI and finance: a key get-together

The Paris AI Action Summit has done but one thing: reinforcing our belief that these gatherings must be pursued and amplified. Artificial Intelligence is deeply impacting the world of finance, and we are proud to contribute to this dynamic by promoting dialogue between startups, industry experts, and institutions.

Huge and warm thanks to our guests and attendees who made this evening so fulfilling. We look forward to continuing these conversations at future AI & Fintech ecosystem conventions.

📩 Reach out to find out more about these topics or take part in our upcoming events!