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JPMorgan makes AI core infrastructure spending – TON BOT

JPMorgan makes AI core infrastructure spending

JPMorgan has reclassified its $2bn annual AI budget as core infrastructure, alongside data centers and cybersecurity. The bank has already generated $2bn in operational savings and runs over 500 active AI use cases, including fraud detection. JPMorgan is also investing in digital assets and using AI to predict liquidity needs.


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