A recent analysis from AI security vendor Apiiro revealed that the retail sector is aggressively implementing generative AI (genAI) technologies, with 61% of its repositories showing active development, compared to 22% in financial services. Retail firms are leveraging genAI for real-time, consumer-facing applications like recommendation systems, enabling rapid deployment cycles. Conversely, financial institutions are taking a more cautious approach due to regulatory oversight, often focusing on internal applications and remaining in experimental phases. This distinction highlights the differences in urgency and application of genAI between the two industries.
Retail companies are embedding genAI at 2.1 times the rate of financial services. Retail teams are moving projects through the build-test-ship cycle, while finance remains in slower experimentation.
61% of retail genAI repositories show active development, while only 22% of financial services repositories do. This highlights a stark contrast in how each sector approaches genAI deployment.
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