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FILE PHOTO: Citigroup CEO Jane Fraser said the company’s use of AI has saved time and allowed it to free up 100,000 hours of weekly capacity for software developers. | Photo Credit: Reuters
FILE PHOTO: Citigroup CEO Jane Fraser said the company’s use of AI has saved time and allowed it to free up 100,000 hours of weekly capacity for software developers. | Photo Credit: Reuters
Business
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Citigroup AI Saves 100,000 Developer Hours Weekly

Citigroup’s AI Initiative Frees 100,000 Developer Hours Weekly

Citigroup has successfully leveraged artificial intelligence to free up 100,000 hours of weekly capacity for its software developers, CEO Jane Fraser announced.

During an earnings call on Tuesday, Fraser revealed that nearly 180,000 of the bank’s employees across 83 countries now have access to Citi’s internal AI tools, significantly boosting operational efficiency.

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Latest

Golden Comet Defies Odds, Survives Close Encounter with Sun

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Comet C/2025 K1 survives solar flyby that should have destroyed it, transforming into a rare golden spectacle visible with telescopes this November.

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Microsoft to Store 365 Copilot Data Locally in India by 2025

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India joins Australia, Japan and UK as first countries to get local Microsoft 365 Copilot data processing, addressing data sovereignty concerns for regulated industries.

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