Bank of America and Capital One are managing costs by restricting the use of large AI models, according to executives speaking at the Evident AI Symposium. The banks are opting for smaller models to keep expenses in check while still pursuing AI-driven projects.
This approach could shape how other financial institutions balance innovation with cost management. For senior leaders, the decision signals the importance of weighing the operational benefits of advanced AI against the financial impact of deploying large-scale systems.
