BBVA partners OpenAI to deploy ChatGPT among its employees

  • Deployment Details:
    • Licenses: 3,000 ChatGPT Enterprise licenses distributed to employees in central services in Spain
    • Future Plans: Extend licenses to employees in other main countries where BBVA operates
  • Purpose and Benefits:
    • Increase Productivity: Enhance efficiency in processes
    • Stimulate Innovation: Encourage innovation across the group
    • Collaboration: Licensed employees can collaborate on various projects
  • BBVA’s Technology Focus:
    • New Roles: Announced over 2,600 technology-focused roles in June last year, emphasizing AI and data science
    • Technology Subsidiary Merger: Merged BBVA Next Technologies, BBVA IT España, and Datio into BBVA Technology in October
  • Statements:
    • Ricardo Martín Manjón: Describes the partnership as a game-changer for supporting customer decisions and offering personalized services, while stimulating creativity among employees

This partnership marks a significant step for BBVA in leveraging advanced AI tools to enhance operational efficiency and foster innovation within the organization.

Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

PayPal Leads $12 Million Funding Round in Klearly

Klearly secures significant investment for innovative fintech solutions.Highlights: PayPal invests $12 million in fintech startup Klearly.Klearly aims to...

What Is the GENIUS Act and Why It Matters for Stablecoins

The GENIUS Act represents the most significant U.S. regulatory development for stablecoins to date, bringing long-awaited legal clarity...

BNY Mellon Begins Tokenization of Bank Deposits to Innovate Financial Services

Exploring BNY Mellon's pioneering steps towards deposit tokenization.Highlights: BNY Mellon initiates a strategy for tokenizing bank deposits.The approach...

Eighth Anniversary of Open Banking in the UK: Achievements and Future Directions

Reflecting on the impact of open banking since its inception.Highlights: Open banking UK marks its eighth anniversary this...