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Company News

AI boosts profits for global firms like Santander and Novartis in 2026

3 days ago · Lumic

Global business leaders discussing AI's impact on company profits and efficiency at a corporate meeting.
Lumic
3 days ago
AI boosts profits for global firms like Santander and Novartis in 2026
IMPACT BULLETS
Santander generated €194 million ($216 million) in AI-driven business value in the first nine months of 2026, using automation to reduce repetitive work and improve efficiency
Meta, Google and other firms are also reporting AI gains, but the financial impact varies across companies.
AI adoption is shifting from spending plans to measurable business returns
ndtvprofit.com·3 days ago

This 'Fin Shorts' piece dives into how Artificial Intelligence (AI) is no longer just a spending buzzword but is actively contributing to the bottom lines of major global corporations. We explore how companies like Santander and Novartis are seeing tangible business returns from their AI investments. Santander, for instance, reported a significant €194 million in AI-driven value within the first nine months of 2026, achieved through enhanced automation and operational efficiency. Other tech titans like Meta and Google are also reporting AI-related gains, showcasing the broad impact of this technology across various sectors. This story highlights the shift from AI experimentation to actual profit generation, a key trend in the current Indian and global financial markets.

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