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Wall Street’s Big Bet: How Banks From JPMorgan to BofA Are Using AI

JPMorgan, Citi, and Goldman Sachs are investing heavily in AI technology to transform operations, enhance productivity, and stay competitive.

JPMorgan Chase has a technology budget of $18 billion, with much of it going toward making sure it’s a leader and early mover in AI.
JPMorgan CEO Jamie Dimon is a “tremendous” user of the bank’s generative AI suite. The bank has rolled out its propri… [6234 chars]

Source: Business Insider | Published: 2025-12-24T13:49:47Z

Credit: Business Insider

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