HomeAIBBVA Expands OpenAI Partnership: 11,000 ChatGPT Licenses to Boost Efficiency

BBVA Expands OpenAI Partnership: 11,000 ChatGPT Licenses to Boost Efficiency

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Spanish banking giant BBVA quadruples its ChatGPT Enterprise licenses, enhancing productivity and AI-driven innovation

Highlights:

  • Massive Expansion: BBVA increases ChatGPT Enterprise licenses from 3,300 to 11,000 to meet growing demand.
  • Efficiency Gains: Employees save an average of 2.8 hours per week using AI-powered automation.
  • AI Integration: Over 3,000 specialized AI assistants created for tasks like translations, financial analysis, and legal inquiries.

Story Summary: BBVA, a leading European bank, has significantly expanded its partnership with OpenAI, increasing its ChatGPT Enterprise licenses from 3,300 to 11,000. This decision follows internal data showing that AI-driven automation saves employees nearly three hours per week.

The bank has embraced AI across various departments, with over 3,000 custom assistants aiding in tasks such as document summarization, coding support, and marketing optimization. BBVA also ensures employees receive proper training to align AI usage with data security standards. This move underscores BBVA’s commitment to leveraging generative AI for enhanced efficiency and innovation in the banking sector.

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