Artificial intelligence will make finance more efficient, reduce inefficiencies and empower professionals to do more with less. But the need for human judgment, leadership and risk-taking? That's not going anywhere.

The stock exchange has several hundred banks using its full suite of digital tools and 2,600 clients using its anti-financial-crime software, Friedman said.

The company, whose software tests AI-based lending models for bias and fairness, is receiving $10 million.

As the company asserts profitability and focuses on AI-powered checkout, its $95 billion high-water mark from the pandemic-era 2021 bubble is in sight, providing clues about broader investor demand.

Read more about cryptocurrency players struggling to access banking services and Elon Musk's weaponization of the Department of Government Efficiency.

The New York bank will integrate ChatGPT Enterprise with its existing large language model framework, Eliza.