Rudy Lai

AI @ Citigroup

Global presence, strong in institutional
Industry
Last updated
July 3, 2025 at 10:44 AM

Summary

  • Citigroup has rapidly accelerated its AI adoption from exploratory insights in 2023 to enterprise-wide deployment by 2025, including integration of generative and agentic AI technologies, supported by partnerships with Google Cloud and internal leadership consolidation.
  • The bank actively deploys AI tools to improve internal workflows and customer interactions, with over 150,000 employees engaged as of mid-2025, emphasizing productivity gains, automation of routine tasks such as commercial lending, customer service, fraud prevention, and professional development.
  • Citigroup is also investing heavily in AI talent development, including company-wide prompt engineering training in late 2025, while forecasting significant industry impact and cost/revenue transformations driven by AI, despite challenges related to job displacement risks and regulatory compliance.

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6 AI Use Cases at Citigroup

AI Training
2025
Traditional
Generative
Agentic
Outcome
Citigroup is conducting company-wide AI prompt training to equip all 175,000 employees with skills for effective use of AI tools, ensuring broad workforce AI literacy and maximizing technology benefits. [1]
Fraud Detection
2025
Traditional
Generative
Agentic
Outcome
Risk
Citi uses AI-powered solutions for fraud prevention and faster confirmation matching, increasing operational security and reducing financial risk. [1]
Customer Support
2024
Customer Facing
Traditional
Generative
Agentic
Outcome
Generative and agentic AI tools deployed at Citi improve customer service by enabling natural language interactions, real-time chats, and enhanced call center automation. [1][2]
Employee Productivity
2024
Traditional
Generative
Agentic
Outcome
Costs
AI tools, including generative models and agentic AI, help Citi employees by automating routine tasks, enhancing workflow efficiency, and powering professional development platforms. [1][2]
Loan Automation
2024
Traditional
Generative
Agentic
Outcome
Costs
Citi leverages AI to automate and streamline commercial lending processes by efficiently transferring borrower financial data and automating risk assessments. [1]
Wealth Personalization
2023
Customer Facing
Traditional
Generative
Agentic
Outcome
Citigroup uses AI to deliver more accurate, personalized, and efficient wealth management services, enhancing client experience and democratizing access. [1]

Timeline

2025 Q4

1 updates

Citi launches comprehensive AI training program to retrain all 175,000 employees on prompt engineering and effective AI usage, aiming to boost workforce AI fluency and operational impact.

2025 Q3

1 updates

Citigroup forecasts AI compute demand driving $2.8 trillion in incremental spending by 2029, highlighting AI’s massive capital and energy implications in Big Tech and finance.

2025 Q2

5 updates

Citi scales AI adoption with over 150,000 employees using AI tools, consolidates data systems to boost productivity, and expands AI tools in 11 markets, led by three new AI leaders accelerating strategy.

2025 Q1

3 updates

Citigroup introduces 'Agentic AI' capable of autonomous decision-making; shifts from firm-wide generative AI ban to internal rollout, with Citi Ventures driving AI innovation partnerships.

2024 Q4

5 updates

Citi partners with Google Cloud integrating Vertex AI for generative AI capabilities; launches AI tools globally to simplify employee work, enhancing customer experience and operational efficiency.

2024 Q3

2 updates

Citigroup deploys AI to streamline commercial lending processes and customizes AI-powered credit risk models to better serve customer segments.

2024 Q2

3 updates

Multiple reports emerge detailing AI’s capability to automate over half of banking jobs, displacing finance roles while driving industry profits and compliance improvements.

2024 Q1

1 updates

Citigroup executives acknowledge generative AI as transformative for banking but highlight risks for customer support functions.

2023 Q4: no updates

2023 Q3

1 updates

Focus on AI's potential to transform wealth management by enhancing personalization, accuracy, and efficiency.

2023 Q2

1 updates

Citigroup highlights AI as a game changer, recognizing its transformative potential across industries.