Bank of America prioritizes bigger AI initiatives, as annual spending on new tech increased by 44% over the past decade
Bank of America’s annual spending on new, strategic technology initiatives, which includes investments in artificial intelligence, has increased by 44% over the past decade to reach $4 billion in 2025. The executive that’s steering those investments is Hari Gopalkrishnan, a 14-year veteran who was promoted to serve as the chief technology and information officer in late July. Today at Bank...









