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

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

Bank of America will invest $4 billion in AI and related technology innovations this year, but the financial services giant’s 7-year-old homemade AI agent, Erica, remains a key ROI generator ...

Bank of America has reached a major milestone in its AI journey: More than 90% of its 213,000 employees now leverage the Erica for Employees virtual assistant, the company said in a Tuesday ...

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 ...

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.

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