KOSPI Rebounds 20% as Samsung, SK Hynix Lead South Korea Stock Rally 
Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium 
Asian Currencies Steady Ahead of US CPI as Oil Prices Rise 
Dollar Steady as Markets Await U.S. Inflation Data 
U.S. Stock Futures Flat Ahead of July CPI Data 
OpenAI Restricts Astra AI Over Cyberattack Risks 
SoftBank Q1 Profit Beats Forecast as Intel Rally and OpenAI Investments Boost Returns 
Google Pushes Gemini AI Overhaul as Sergey Brin Targets Model Supremacy 
UK Economy Posts Surprise June Growth as World Cup and Hot Weather Lift Activity 
Lenovo Revenue Surges 43% as AI Demand Drives Record First-Quarter Growth 
SK Hynix, Samsung Lead Asian Chip Stock Selloff After Sandisk, Western Digital Outlook 
Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms 
Oil Prices Fall as U.S. Crude Inventories Surge and Hormuz Tensions Persist 
Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch 
SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges 
Cisco Forecasts Strong Fiscal 2027 Growth as AI Networking Demand Surges 
LG, Nvidia Expand AI Partnership With Humanoid Robots, AI Factories 
Add as a preferred source on Google
Citigroup has launched AI tools for 140,000 employees in eight countries, aiming to streamline operations and foster efficiency. The rollout includes Citi Assist and Citi Stylus, which are designed to simplify complex tasks and drive productivity globally.
Citigroup Rolls Out AI Tools to Boost Employee Productivity
According to senior executives, Citigroup started distributing new AI tools to eight nations' staff on Wednesday.
The resources will be available to over 140,000 workers. Chief technology and business enablement officer Tim Ryan detailed their respective functions in a statement distributed to employees on Wednesday, US News shares.
Citi Assist looks into the bank's internal rules and processes. "It’s like having a super-smart coworker at your fingertips to help navigate commonly used policies and procedures across HR, risk, compliance, and finance," Ryan wrote in the document.
Citi Stylus Enhances Document Management Across Eight Countries
Citi Stylus, the alternative tool, may search for, compare, or summarize numerous documents simultaneously. Both resources will be available to staff in the US, Canada, UK, Ireland, India, Hungary, and Singapore starting this month. Other markets will be added to the list over time.
Big banks have been getting more precise with their AI applications. The chatbot at Morgan Stanley assists financial advisors with client interactions, while Erica, the virtual assistant at Bank of America, handles the day-to-day transactions of retail clients.
Citigroup Explores New Uses for AI Tools Through Employee Feedback
Ryan told Reuters in a video interview that Citi will look at how workers are using the tools to find new uses for them, but that workers are free to suggest other uses as well. "These tools will help to simplify work and increase productivity," said the CEO.
After spending time at PwC, Ryan joined Citigroup earlier this year. He and Chief Operating Officer Anand Selva have been working together to resolve the bank's persistent data management problems since September.
AI Projects Remain Separate From Data Management Overhaul
In an interview, Chief Technology Officer David Griffiths clarified that the bank's AI projects are "separate" from efforts to enhance data quality and infrastructure in order to meet regulators' consent decrees.
