Technology
AI Costs Lead Westpac to Prod Staff Toward ‘Sensible’ Model Use
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AI Costs Lead Westpac to Prod Staff Toward ‘Sensible’ Model Use Westpac Banking Corp. is intensifying efforts to monitor artificial intelligence costs, as the Australian lender closely tracks AI tokens across the firm and routes simpler tasks to cheaper models. As part of the push, the bank is tracking its employees’ consumption of AI tokens, including in its software development teams that have access to the most advanced and expensive models, according to its new chief AI officer Dan Jermyn.
AI Costs Lead Westpac to Prod Staff Toward ‘Sensible’ Model Use
Westpac Banking Corp. is intensifying efforts to monitor artificial intelligence costs, as the Australian lender closely tracks AI tokens across the firm and routes simpler tasks to cheaper models.
As part of the push, the bank is tracking its employees’ consumption of AI tokens, including in its software development teams that have access to the most advanced and expensive models, according to its new chief AI officer Dan Jermyn.