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Jamie Dimon says JPMorgan spends $2B a year on AI – and still breaks even
New York Post· 2025-10-07 20:21
JPMorgan Chase CEO Jamie Dimon said Tuesday the bank now spends about $2 billion a year on artificial intelligence – and breaks even on the investment thanks to savings the tech has created.JPMorgan invests heavily each year on AI programs across the company in areas like risk, marketing and customer service, Dimon told Bloomberg TV during an interview.The bank — the largest in the country, by total assets — sees about the same amount in annual savings from those investments, he added. 3 Jamie Dimon said ...