“A framework any leader can apply CIBC’s journey offers a clear, actionable model for enterprises in any regulated industry: Read more >>
Tag: CIBC
Transforming Banking: 6 Examples of How Companies are Boosting Productivity with AI Solutions
JPMorgan Chase staff are getting a new AI assistant — powered by OpenAI “JPMorgan Chase has introduced a new artificial intelligence assistant to help its employees with daily tasks, including drafting emails and reports. More than 60,000 employees, or about one-fifth of JPMorgan’s total headcount, already have access to LLM Suite, according to CNBC.” Read more >>…
CIBC introduces AI-powered Insights tool amid digital banking spike in Canada
“But CIBC faces tough competition, as AI solutions have also been a popular area of investment for its main competitors. Canada’s largest banks spent around CA$90 billion ($67.8 billion) on technology upgrades between 2009 and 2018. And AI solutions to improve the customer experience were a big part of their investments prior to the pandemic…