JPMorgan’s Dimon says AI cost savings now match money spent

Date:

Share post:


Jamie Dimon said JPMorgan Chase & Co. spends $2 billion a year on developing artificial intelligence technology, and saves about the same amount annually from the investment. “We know that it’s got to billions of cost savings and I think it’s the tip of the iceberg,” the bank’s chief executive officer said Tuesday in a […]



LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Trump: US benefits from high oil prices, but priority is stopping Iran

Trump: US benefits from high oil prices, but priority is stopping Iran

Using Cryptocurrency Assets In Mortgage Qualification

As digital assets continue to gain mainstream acceptance, many borrowers are surprised to learn that most...

Crude Oil Prices Are Still High. Should You Buy Oil Stocks Now?

While crude oil futures have come down off their highs of about $120 per barrel set early...

She Confronted Me With A Gun | Financial Audit

Oh, it's a gooooddddd post show- I get him back on the phone and they completly *BLOW UP*...