In the same Fortune commentary, Milos Maricic reports that across 919 earnings calls from 60 major U.S.-listed financial firms since January 2023, only S&P Global gave a specific AI savings figure, about $9 million a year. Among 100 non-tech, non-finance major U.S. companies, only FedEx did, citing over $180 million annualized.
He recommends listening in the October 13 and 14 bank earnings calls for a specific dollar figure stated on the call. These counts are the author's own tally from his own research.
Source: Fortune