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Citigroup is deploying artificial intelligence to streamline operations, focusing on faster account onboarding and modernization of legacy systems. According to Tim Ryan, AI tools are being used to migrate data from outdated infrastructure, automate software development tasks and accelerate system testing. These improvements are part of a broader effort to enhance productivity and meet regulatory […]
A detailed evaluation by Edmunds of a Chinese SUV has highlighted growing competitive pressure on U.S. carmakers, particularly in technology and pricing. The vehicle tested, the Geely Galaxy M9 from Geely, is an extended-range hybrid SUV priced at around $25,000 in China. Despite regulatory barriers preventing its sale in the United States, Edmunds conducted a […]
India’s leading IT services companies, including Tata Consultancy Services, Infosys and HCLTech, are expected to report subdued fourth-quarter results, with growth driven more by currency effects than underlying demand. Brokerage estimates suggest revenue and profit will rise roughly 10% year-on-year. However, much of that increase is attributed to the depreciation of the Indian rupee, which […]