JPMorgan Chase has cut jobs by as much as 40 percent in some parts of the bank using artificial intelligence, CEO Jamie Dimon told analysts during the company’s second-quarter earnings call on Tuesd [...]
JPMorgan has begun approaching lenders about a $5B debt package to fund Volta Infra Holdings’ AI data centre buildout, weeks after the seven-month-old company raised $300M at a $2.4B valuation. Its [...]
JPMorgan Chase filed paperwork on Tuesday for its second tokenized money market fund, four months after becoming the largest global systemically important bank to put a fund on the Ethereum blockch [...]
JPMorgan Chase is hiring Nomura Holdings’ international head of artificial intelligence strategy, according to Bloomberg, as the largest US bank by assets accelerates its recruitment of AI specialis [...]