This week on Breaking Banks, host Brett King takes us to Shanghai for a riveting discussion with Jason Cao, CEO of Huawei’s Global Financial Services competency. In this eye-opening episode, they uncover how China is shaping the future with AI—not as a mere tool for profit, but as core infrastructure driving the world’s fastest-growing economy.

Discover why GenFi LLMs (Generational Financial Language Models) don’t exist yet—and what’s holding AI like ChatGPT back from transforming banking as we know it. Explore how China’s unique approach to technology infrastructure is setting them apart from the rest, helping them to create a Smart Economy of the Future.

Tune in for a conversation that could redefine the future of global finance and AI!

Read the entire transcript here.

Brett King and Jason Henricks introduce the episode, recorded in Shanghai, featuring Huawei’s Jason Tsao discussing fintech innovations.

Exploring global fintech trends, including NewBank’s growth and the technological strides of digital-first banks like WeBank.

Jason Tsao shares insights into Huawei’s initiatives in digital finance, AI integration, and the transformation of customer experience in banking.

A discussion on the critical need for resilience in banking systems, addressing latency, zero downtime, and advanced fraud prevention technologies.

Exploring how Huawei collaborates with banks to leverage generative AI for efficiency, value creation, and customer-centric innovations.

Highlighting China’s advancements in digital payments, infrastructure, and regulatory approaches that drive a highly digital economy.

Examining the rise of hybrid cloud strategies and the pivotal role of cloud computing in transforming banking operations.

How AI and automation are shaping the next generation of financial services, inspired by China’s digital transformation.

Jason Tsao extends an invitation to global audiences to witness the rapid technological advancements in Shenzhen and across China.