MS - Citigroup's Push into Generative AI Signals Tech-Driven Future for Banking | Benzinga
Citigroup Inc (NYSE: C) looks to provide most of its 40,000 coders access to generative artificial intelligence (AI).
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Previously, as part of a pilot initiative, the multinational investment bank had discreetly permitted around 250 developers to dabble with generative AI.
The bank intends to extend this program to a more significant portion of its coding team in 2024, Bloomberg reports.
Banking leaders are increasingly convinced that AI can enhance staff productivity.
For instance, when U.S. federal regulators released a comprehensive 1,089-page document detailing new ...