AI

Bank of America prioritizes bigger AI initiatives, as annual spending on new tech increased by 44% over the past decade

Bank of America prioritizes bigger AI initiatives, as annual spending on new tech increased by 44% over the past decade

Hari Gopalkrishnan, the chief technology and information officer for Bank of America, is responsible for the $4 billion spent this year on AI and other new technology initiatives.

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November 5, 2025

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