PNC Financial Charts Independent AI Course With Own Data Centers, Models, and GPU Infrastructure
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PNC Financial Services Group is taking an unconventional approach to artificial intelligence adoption, opting to build core AI capabilities in-house rather than remaining dependent on external technology vendors. CEO Bill Demchak announced the strategy at investor conferences, stating that the bank is "building our own AI factory," acquiring data centers, purchasing Nvidia graphics processing units, and developing proprietary language models tailored to specific banking tasks.
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