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CommBank Teams Up with OpenAI to Roll Out Advanced AI Tools

Summary by The Epoch Times
Commonwealth Bank of Australia (CommBank) has entered a multi-year partnership with U.S.-based artificial intelligence leader OpenAI, becoming its strategic banking partner in Australia. The collaboration will focus on using advanced AI solutions to improve scam and fraud detection and deliver more personalised customer services. Under the arrangement, engineers from both organisations will work together to develop and trial generative AI applic…

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The “AI update” provides a summary of the most important AI developments on weekdays.

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Retail Banker International broke the news in on Wednesday, August 13, 2025.
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