UBS is using OpenAI and Synthesia tools to generate scripts from analysts' research notes that are then edited. It aims to ...

More than 90% of employees now use the bank’s internal AI assistant, driving major productivity ... now 60% off for Memorial Day. Bank of America Corp. BAC is ramping up its investment in ...

The chipmaker recently reached a partnership with Saudi Arabian AI startup Humain to help build a $10 billion AI-computing ...

Bank of America has reached a major milestone in its AI journey: More than 90% of its ... innovation sessions to workshop potential use cases. “Teammates come together to go over what we ...

The use of AI in banking was a topic in April, as Bank of America revealed it will spend $4 billion on AI initiatives in the coming year. The ...

In 2025, Bank of America will use a chunk of its $4 billion AI investments to provide enhanced search and assistance for employees, banking customers, and its Merrill Lynch agent, dubbed Ask Merrill.

Some financial institutions are prioritizing internal AI tools to enhance daily operations. For example, Morgan Stanley and Bank of America have trained staff to use AI with human supervision.