Santander says AI generated €194M in business value over nine months

emmanuelvivier · x · 2026-11-02

Santander disclosed AI generated €194M ($216M) of business value in the first nine months of the year, though its CFO says AI is now "embedded in all processes" and hard to isolate. Novartis' CEO called Q3 the first quarter AI tangibly improved its P&L (core operating income +10% to $6.04B); Standard Chartered credited AI for income outpacing costs, while Carlsberg sees no benefits at scale yet.

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