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Bank employees shiver! UBS (UBS.US) develops M&A AI assistant to peer into 300,000 companies in 20 seconds

Tuesday, Sep 10, 2024 10:00 pm ET1min read

UBS (UBS.US) has developed an artificial intelligence (AI) tool that can analyze a database of more than 300,000 companies in less than half a minute to help its clients identify potential merger and acquisition (M&A) deals, the bank said on Tuesday.

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