Bank Of America Adopts AI And Metaverse For New Employee Onboarding
Portfolio Pulse from Ananya Gairola
Bank of America (BAC) has integrated artificial intelligence and the metaverse into its new employee onboarding process. The technology is used to provide immersive training experiences for recruits, allowing them to practice real-world scenarios and enhance their skills. The program has been implemented globally, benefiting over 200,000 employees.

July 14, 2023 | 2:19 am
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NEUTRAL IMPACT
Apple's Vision Pro mixed reality headset was mentioned in the context of the metaverse technology being adopted by Bank of America.
Apple's Vision Pro mixed reality headset was mentioned in the context of the metaverse technology being adopted by Bank of America. However, there is no direct impact on Apple from this news.
CONFIDENCE 70
IMPORTANCE 30
RELEVANCE 20
NEUTRAL IMPACT
Meta's Quest 3 was mentioned in the context of the metaverse technology being adopted by Bank of America.
Meta's Quest 3 was mentioned in the context of the metaverse technology being adopted by Bank of America. However, there is no direct impact on Meta from this news.
CONFIDENCE 70
IMPORTANCE 30
RELEVANCE 20
POSITIVE IMPACT
Bank of America's adoption of AI and metaverse technology for employee onboarding could enhance employee skills and improve customer service, potentially boosting the company's performance.
The adoption of AI and metaverse technology for employee onboarding could enhance the skills of Bank of America's employees, potentially leading to improved customer service and operational efficiency. This could positively impact the company's performance and stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100