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-0.000492610837438442 -0.000875752599890668 -0.00103995621237015 0.000437876299945178 0.00344827586206894 0.00076628352490414 0.00602079912424737 0.00350301039956205
Stock impact report

JPMorgan and other big banks leading on AI ‘are really doubling down.' Is it too late for competitors to catch up? [Fortune]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Fortune
Panelist Alexandra Mousavizadeh, cofounder and CEO of Evident Insights, said her company's AI index includes data on the approaches big banks in the U.S. and Europe are taking toward AI readiness. The index, released in the fall, takes a look at not only generative AI but “the whole AI spectrum” to determine “who's leading and lagging,” Mousavizadeh said. JPMorgan Chase earned the top spot, followed by Captial One, and Royal Bank of Canada. (The top 20 were dominated by banks based in North America.) JPMorgan has had a long-term AI focus supported by the CEO, Jamie Dimon, along with investment into AI innovation , talent, and transparency of responsible AI, according to the report. The top three banks all were early adopters. “The banks that are leading are really doubling down,” Mousavizadeh said. And there's a growing gap between leaders in the space and those that are trailing. “There is an advantage in being a first mover because you've established a reputation to draw in AI Show less Read more
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