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flag Commonwealth Bank of Australia opens a tech hub in Seattle to boost AI in banking.

flag Commonwealth Bank of Australia (CBA) has launched a tech hub in Seattle to enhance its AI capabilities. flag Over the next year, 200 CBA staff will rotate through the hub to collaborate with tech giants like Amazon, Microsoft, and AI firms. flag This move aims to accelerate AI adoption in banking, as the major Australian banks increased tech spending by 15.2% to $8.9 billion in 2024. flag The hub is part of CBA's strategy to stay ahead in technology and improve customer services and internal processes.

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