Japanese Megabank SMFG to Invest ¥1 Tril. in IT Over 3 Years, with Focus on AI |
The Yomiuri Shimbun
13:54 JST, December 5, 2025
Sumitomo Mitsui Financial Group Inc. is planning to invest about ¥1 trillion in generative AI and other aspects of information technology over the next three fiscal years, according to sources.
It will be one of the largest investments conducted by a major domestic financial institution in the IT field. SMFG aims to........