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BBVA is using cloud-based machine learning and analytics from Amazon Web Services (AWS) to support its strategy to put artificial intelligence (AI) and data technologies at the heart of the business. The global data platform will be a secure repository of BBVA’s operations and customer data, and more than 1,000 data scientists in BBVA’s AI Factory will use Amazon Sagemaker to build, train and deploy machine learning models for predictive analytics applications. Banks across the world are now spending heavily in AI, with BBVA’s investment banking unit using AWS cloud technology and services from market information provider Bloomberg to build a platform, known as BBVA C-Fit, which is used by traders to manage data directly.