Market Chatter: Citigroup Expands Employees' Use of AI

MT Newswires Live

Oct 28

Citigroup (C) continues to expand its employees' use of artificial intelligence, Bloomberg reported Tuesday, citing Chief Executive Officer Jane Fraser.

Fraser said the company's AI tool can draft performance reviews, and cited the first draft of performance reviews as an example of annual processes that the company's AI tool can "eliminate," according to the report.

Bloomberg said Citigroup had reported earlier that automated code reviews from its generative AI tools have saved 100,000 developer hours per week.

Citigroup did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 101.13, Change: +0.14, Percent Change: +0.14

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price: 101.13, Change: +0.14, Percent Change: +0.14</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2236285917.USD","symbol_name":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2578965384","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2578965384","pubTimestamp":1761661735,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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