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 ... Some of that spending supports regularly scheduled innovation sessions to workshop potential use cases.

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 ...

Morgan Stanley and Bank of America have trained staff to use AI with human supervision. This article is part of "AI in Action," a series exploring how companies are implementing AI innovations.

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?

SoFI Technologies faces fierce competition from major banks, uncertain growth prospects in a challenging market and is ...

Bank of America on Monday raised its price target on Palantir Technologies Inc. (PLTR) to $150 and maintained a Buy rating on ...

Six in 10 bank executives list generative AI as a top investment priority this year, according to a survey published in April ...