Westpac pushes for smarter AI usage amid rising costs

Westpac is enhancing its oversight of AI costs, encouraging staff to adopt more economical models for simpler tasks.
  • Westpac is closely monitoring AI costs and usage among its staff.
  • The bank is directing simpler tasks to more affordable AI models.
  • New chief AI officer Dan Jermyn emphasizes tracking AI token consumption.

[via]

Subscribe to NBW newsletter






more AI news

China warns of security flaws in Anthropic’s Claude software

China has identified security vulnerabilities in Anthropic’s Claude code, prompting the government to advise users to either uninstall the software or update to the latest version. This announcement raises concerns about the safety of AI applications in the region and may impact user trust in AI technologies. The move reflects ongoing scrutiny over software security amid rising geopolitical tensions.