Skip to content
REPORTWIRE NEWSROOM
Breaking
Banking

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

[ad_1]

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 […]

[ad_2]

Bloomberg News

Source link

ReportWire

ReportWire newsroom contributor.

Related Stories