Bank of America Puts $4billion Towards New Tech Initiatives as it Reflects on Success of AI
The Fintech Times
APRIL 10, 2025
As AI continues to be utilised in new ways, Bank of America is ensuring its approach to the tech includes human oversight, transparency, and accountability for all outcomes. Bank of America spends $13billion annually on technology, of which approximately $4billion will be directed to new technology initiatives in 2025.
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