Societe Generale expects AI applications to save up to 600 million euros in costs
Societe Generale predicts AI will bring considerable contribution to its cost reduction, with current potential space reaching 500 million to 600 million euros, of which 350 million euros have been implemented in planning. The bank will cooperate with Anthropic to deploy the Claude large model, unlocking AI potential in report generation, performance monitoring, code development, and customer consulting among multiple fields.
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