Milos Maricic: Pay attention to the AI data in next week's bank conference call
2026-10-09 21:47:51
According to CoinMeta, Milos Maricic mentioned that at the Barclays conference next week on September 14th, Brian Moynihan, the CEO of Bank of America, stated that the bank has 130 to 140 AI projects, with a cost of $400 million and an expected revenue of $800 million. This is the first time the bank has provided such figures during a financial report conference call. On October 14th, the bank will announce its third-quarter results, which will be the first conference call after the speech by Moynihan. Maricic pointed out that although AI investments are expected to generate revenue, many companies do not provide specific figures in their financial reports, reflecting a cautious attitude towards the costs and revenues of AI.
Source:Fortune
This content is for market information only and does not constitute investment advice.
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