Capital One dials up AI investments amid Brex integration
Brex acquisition contributed to 14% YoY jump in legacy purchases
Capital One continued to overhaul its technology stack in the second quarter as its AI investments picked up while integrating AI-native spend management platform Brex. As part of its overhaul “from the bottom of the tech stack up,” the $683 billion bank is investing in “very powerful foundational capabilities as well as AI infrastructure and specific AI […]
