Financial institutions are prioritizing open-source gen AI models for operations.  Open-source AI models are public, making them more customizable compared with closed-source models, in which only the creator can make appreciable changes. Open-source models also can run locally without external connection.  Eighty-four percent of FIs prefer open-source models, according to the “AI in financial services 2026” report by Nvidia, published today. The chip maker surveyed 839 leaders in financial services from retail banking, asset management, insurance and insurance between August and September 2025. “This has probably been one of the bigger pendulum swings that we’ve seen […]