The bank already has about 450 potential cases for which it could use AI, and CEO Jamie Dimon expects those potential applications to surge to 1,000 by next year.
Tens of thousands of JPMorgan Chase software engineers increased their productivity 10% to 20% by using a coding assistant tool developed by the bank, its global chief information officer Lori Beer said.
The efficiency gains from the coding assistant will also allow JPMorgan’s engineers to devote more time to high-value projects focusing onBeleaguered Bank of America head Brian Moynihan 'holding the bank back': source
Tech Artificial Intelligence Banks Engineering Jpmorgan Chase Wall Street
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