Barclays bets on AI to cut costs and boost returns
Barclays recorded a 12 % jump in annual profit for 2025, reporting £9. 1 billion in earnings before tax, up from £8.
What’s Happening
Real talk: Barclays recorded a 12 % jump in annual profit for 2025, reporting £9.
1 billion in earnings before tax, up from £8. (it feels like chaos)
The bank also raised its performance targets out through 2028, aiming for a return on tangible equity (RoTE) of more than 14 %, up from a previous goal of above [] The post Barclays bets on AI to cut costs and boost returns appeared first on AI News.
Why This Matters
This adds to the ongoing AI race that’s captivating the tech world.
The AI space continues to evolve at a wild pace, with developments like this becoming more common.
The Bottom Line
This story is still developing, and we’ll keep you updated as more info drops.
Are you here for this or nah?
Originally reported by AI News
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