AI-for-finance hubs are increasingly defined by production-grade deployment rather than experimentation, according to Deep Knowledge Group’s Global AI Competitiveness Index. The report ranked the United States first among countries, followed by China, Britain, Switzerland and Singapore for AI-for-finance capability and maturity. In the city-hub ranking, New York placed first, London second and Hong Kong third, citing connectivity, institutional concentration and regulated-mar

A new Global AI Competitiveness Index flags a widening governance gap as the European Union emerges as the world’s de facto rule setter for artificial intelligence while the United States and China retain an edge in deployment. The Global AI Competitiveness Index, which tracks AI governance and regulation across about 25 jurisdictions and includes Hong Kong’s Financial Services Development Council as an observer, identifies three competing models: the EU’s rights based AI Act