Bank of America to Spend $4 Billion on AI and New Tech Initiatives in 2025 

Bank of America is allocating $4 billion — or nearly a third of its overall technology budget for this year — toward new initiatives including AI, according to a Tuesday (April 8) news release. The investment comes as the financial services giant sees the fruits of using artificial intelligence (AI) and machine learning since 2018, … Continue reading Bank of America to Spend $4 Billion on AI and New Tech Initiatives in 2025