AI Patents at BofA Increase 94% Since 2022
Bank of America(BAC) Prnewswire·2024-10-23 21:05
Company's patent portfolio includes nearly 1,100 AI and machine learning patentsCHARLOTTE, N.C. and LONDON and HONG KONG, Oct. 23, 2024 /PRNewswire/ -- Bank of America is dedicated to the use of innovative technology to best meet the needs of its clients and employees. This commitment to innovation has led to a 94% increase in artificial intelligence (AI) and machine learning (ML) granted patents and pending patent applications since 2022. Today, the company has nearly 1,100 AI and ML patents and pending ap ...