Source: Reuters (via feed)
HSBC has appointed David Rice as its first Chief AI Officer, the bank said on Monday. This is the first time HSBC has created this position. The appointment aims to increase the use of generative AI technology across HSBC’s businesses worldwide. The initiative is part of the bank’s effort to cut costs.
BizTrendWire Insight:
HSBC’s appointment of a Chief AI Officer reflects a focus on generative AI technology. This aligns with the bank’s goal to reduce costs.
HSBC’s appointment of a Chief AI Officer reflects a focus on generative AI technology. This aligns with the bank’s goal to reduce costs.