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BNY news

BNY appears in 1 story we have published in October 2026, mostly in our AI coverage. It is most often reported alongside OpenAI.

Latest development

BNY builds tools to track AI token spending amid rising costs

BNY has developed internal tools to track its spending on AI tokens and optimize task routing across models, according to Chief Financial Officer Dermot McDonogh. The bank, which allocates $4 billion annually to technology, is running about 400 AI agents and facing rising costs despite falling per-token prices.

28 October 2026

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