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EconomyBarclays shifts spending toward AI while cutting its workforce

The rising cost of building infrastructure to meet surging AI demand is changing how major companies allocate resources. Barclays is the latest to redirect spending toward AI as it reduces its workforce.

Barclaysartificial intelligencecorporate spendingworkforce cuts

TThe Associated Press★★☆☆☆2026-10-23 20:00Original

Barclays shifts spending toward AI while cutting its workforce
Barclays shifts spending toward AI while cutting its workforceEconomy