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Companies deliver first AI earnings gains as investors demand returns

Santander, Novartis and others report revenue boosts and cost cuts from AI, signaling the technology is moving beyond hype to real business impact.

Summarized from CNBC Technology, . 25-second read.

Major companies including Santander and Novartis are reporting concrete financial benefits from AI deployments in recent earnings calls, addressing investor skepticism about whether AI investments will generate meaningful returns. The companies cite productivity gains, cost reductions and new revenue streams tied to AI tools and systems now in production.

As AI spending accelerates across industries, shareholders are pressing for evidence that the technology delivers measurable value. Early adopters in banking, pharmaceuticals and other sectors are beginning to show results, though the magnitude and timeline of payoffs remain uneven.

Read the full story at CNBC Technology

This is an AI-written summary. The original reporting belongs to CNBC Technology. How we write these · Spot a mistake?

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