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The perfect storm, Anne Boden, AI and FinTech.

As I replied on X, this is an excellent decision. I spent many years of my life at Paribas and then BNP Paribas leading FX trading and then global architecture. It's critical that EU AI like Mistral gets support from major institutions like BNPP. It's equally critical that banks make early moves to make use of AI and I think the innovation of Mistral will play a major role in moving BNP Paribas into the lead in AI.

It's good to see the larger banks taking the reality of AI seriously, they lagged behind with the internet, mobile etc. With the data the larger banks sit on they could actually take advantage and move ahead of some of the FinTechs.