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crunch numbers

Perform numerous calculations or process a large amount of numerical data. For example, Preparing John's presentation to the Federal Reserve Board required many hours of crunching numbers. This term originated with the computer age and indeed still applies mostly to the operations of computers. [Slang; second half of 1900s]

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While banks already use AI to crunch numbers, detect fraud and analyze customer transactions, Wall Street giants are developing more sophisticated uses of generative AI that is capable of generating text, images and other data.

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They also crunch numbers to show jobs could increase here due to the new rules if manufacturers stay put.

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“Photoshop can do things that you can’t do with your hands, in the same way a calculator can crunch numbers in a way that you can’t in your brain, but Photoshop never surprises you,” he continued.

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Financial services companies crunch numbers to assess who should qualify for a home mortgage.

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“We had to crunch numbers and look at different things, and we all agreed that we just can’t pass on an opportunity like this,” he said.

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