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deep tech PYMNTS.com October 12, 2026

Banks Stop Counting AI Hours and Start Counting Returns

Banks Stop Counting AI Hours and Start Counting Returns
AI Summary

For years, banks have sold investors on artificial intelligence (AI) with usage counts and hours saved. Few have said how much money it makes; at least, not on an earnings call. Bank of America has 130 to 140 AI projects running “at a cost of $400 million, generating a benefit […] The post Banks Stop Counting AI Hours and Start Counting Returns appeared first on PYMNTS.com .

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