Bin Ren, Founder and CEO of SigTech joined Citi’s Sophia Bantanidis to discuss the potential of generative AI (GenAI) in capital markets (buy-side and sell-side both early adopters focusing on different use cases) including implications over the short- and long-term. Bin highlights the cost of training AI models is down 10x in the last 12-months and what it could mean for enterprise profitability.