Revolut moves to its own AI to cut coding costs tenfold

Revolut, the UK digital bank, is reportedly moving away from paying for Claude, an AI tool made by Anthropic, to help its engineers write code. Instead, it is running AI on its own systems. The reported goal is to cut the cost of that coding help to about a tenth of what it is now.

What changed

Many companies rent AI from a provider and pay for each use. Revolut is said to be switching to what is called self-hosted AI. That means the bank runs the AI itself, on computers it controls, rather than paying an outside company every time someone uses it.

Who it affects

Revolut is a payments and banking company with a large customer base. Its customers should not notice a change in the app from this alone. The people most affected are the engineers who use AI to help write software. The story is also a signal for any business with a growing AI bill.

What is not known yet

The full article was not available, so key details are unclear. The material does not say which AI the bank will run, how much it spends today, or when the switch will happen. It also does not say whether the savings have been proven or are still a target.

What happens next

If Revolut reaches its goal, other firms may look harder at running their own AI. Self-hosting can bring its own costs, such as hardware and skilled staff, and the material does not cover those. Watch for results from Revolut before copying the move.