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

At JPMorgan's Investor Day, the bank's leaders talked about how AI is permeating every business, from fraud detection to ...

The "Magnificent Seven" refers to a group of seven American technology giants that are the dominant players in their markets.

AI-powered customer service tools like chatbots that rely on large language models (LLM) aren't new: 41% of organizations use ...

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.

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

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 ...

This week, we dive deep into new datasets from the World Bank and artificial intelligence researchers at Anthropic.

Research from American Banker finds banks are top AI users and plan to stay at the top for the future. But can rising costs hurt chances for positive results?

Mitsubishi UFJ Financial Group Inc.’s banking unit has hired startup Sakana AI to power its systems with artificial ...

Meta on Wednesday said it plans to boost its spending on AI. That didn't cool enthusiasm for the social media giant's stock.

Shaking off recession worries, U.S. stocks have been rising in recent weeks, and Bank of America has offered its own take on why investor fears are being held at bay. A "big easing of financial ...