BNY says it now tracks its AI token spending to avoid overpaying
This story is from 2026-10-27. It is preserved in the archive; the latest stories are on the live feed.
BNY has built tools to track how it spends AI tokens and to route tasks to the most suitable models, CFO Dermot McDonogh told Bloomberg Television. The bank runs about 400 AI agents and spends $4B a year on technology. Banks are under pressure as AI bills rise. BNY has built tools to track how [ ]…
Read the full story at The Next Web ↗
Timeline · 1 report
- 2026-10-27 12:33 · The Next Web
BNY says it now tracks its AI token spending to avoid overpaying