The second-largest U.S. bank is pushing generative artificial intelligence out to most employees while continuing to offer ...

Other institutions like JPMorgan Chase & Co. JPM +1.05% + Free Alerts , Goldman Sachs Group Inc. GS +2.11% + Free Alerts , ...

More than 90% of the bank's 213,000 employees are utilizing AI-powered tools such as its internal virtual assistant.

Innovation sessions, governance oversight and a clear focus on solving practical problems helped shape internal and ...

More than 90% of Bank of America's global workforce now uses an internal AI assistant, signaling a major shift in how the ...

It plans to incorporate gen AI in Erica for coding assistance and report synthesis. Bank of America said that its use of ...

Bank of America(BofA) uses innovative technology to meet and anticipate the needs of its clients and 213,000 employees. For many years, this commitment has carried through in its approach to AI ...

AI Patent Portfolio Bank of America holds nearly 7,400 granted patents and pending patent applications, the most U.S. granted patents of any financial services company. More than 1,200 of these ...

Bank of America analyst Madeline Brooks ... to cloud services when consumers sign up to use ChatGPT. Cloudflare also has increased investments in AI infrastructure. Cloudflare has deployed Nvidia ...

Bank of America says that over 90% of its 213,000 employees now use its AI-driven internal virtual assistant, cutting calls into the IT services desk by half.

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 ...