HSBC appoints first chief AI officer

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As it seeks cost cuts.

HSBC appoints first chief AI officer
HSBC has appointed David ⁠Rice ⁠as its first chief AI officer, the British bank said, as it seeks to cut costs ‌and improve performance by increasing ‌the ‌use of generative AI ‌technology across its businesses ⁠worldwide. HSBC CEO Georges Elhedery has ...

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