Bank of America
Employee generative AI and coding tools
Bank of America said employees generated more than 400,000 AI prompts daily
Problem
Employee work included preparing client research and presentations. Software teams also sought to produce code more efficiently.
Approach
Bank of America made AI tools available across its workforce. Executives described live applications for client-meeting preparation and software development. They reported continuing implementation of additional generative AI uses.
Results
Takeaway
The bank disclosed usage and deployment counts. It did not disclose returns for individual projects.
Categories
- Size
- Large enterprise
- Industry
- Finance and insurance
- Business function
- Internal work and knowledge managementIT and R&D
- Innovation type
- Process innovation
- AI technology
- Generative AI
- Adoption
- Off-the-shelf tool or platform
- Evidence
- Company's own claim
Sources
Source summaries
Reporting on the bank's earnings call, Constellation quoted executives on employee AI use. The chief executive reported more than 400,000 daily prompts and 114 live generative AI use cases; project-specific returns were not disclosed.
Full details are in the original sources.