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JPMorgan allows staff to use internal AI to draft performance reviews
Yahoo Finance· 2025-10-31 11:04
Core Insights - JPMorgan Chase has authorized its workforce to utilize an internal AI tool for drafting annual performance reviews, reflecting a growing trend of AI integration in corporate processes across the US [1][2] - The AI tool, based on the bank's large language model (LLM), aims to simplify the review writing process, potentially reducing completion time by up to 40% for employees [2] - Employees are advised to use the AI system as a starting point for drafting reviews, retaining responsibility for final submissions, and the tool is not intended for compensation decisions [3] Technology Investment - JPMorgan has made its LLM Suite, an in-house version of OpenAI's ChatGPT, available to employees, which was introduced in 2024 and has reached several users within eight months [3] - The bank's technology investment spans multiple departments, with software developers using LLM Suite for code review, investment bankers for presentation preparation, and legal teams for contract analysis [4] - JPMorgan plans to invest $18 billion in technology this year, indicating a strong commitment to enhancing its technological capabilities [4]
Nominations Open for American Banker’s Most Innovative People in Finance and Innovation of the Year Awards
Globenewswire· 2025-10-24 07:27
Core Insights - Nominations are now open for the Most Innovative People in Finance and Innovation of the Year awards, recognizing transformative contributions in financial services [1][2] - The awards celebrate creativity, leadership, and measurable results that are redefining banking possibilities [2][4] - Award recipients will be honored at a gala during the DIGITAL BANKING conference in Orlando, Florida, from June 15–17, 2026 [3] Most Innovative People in Finance Awards - This new annual ranking will debut in 2026, celebrating 50 executives whose leadership and measurable results are transforming financial services [4] - The focus is on innovation that enhances customer experiences and operational excellence [4][5] - The initiative aims to highlight bold thinking and a forward-looking mindset in digital transformation [5] Innovation of the Year Awards - The awards will honor 10 groundbreaking initiatives that are redefining digital banking [5] - One initiative will be named the overall Innovation of the Year, continuing a tradition of excellence [6] - Past honorees include the JPMorganChase team for their LLM Suite, which won the Innovation of the Year 2025 award [6] Application Process - Qualified individuals and organizations can submit nominations for both awards until December 5, 5pm EST [7] - Self-nominations are accepted, and sponsorship opportunities are available [7] About American Banker - American Banker serves as a vital resource for senior executives in banking, focusing on innovation, transformation, and disruption [8] - The platform provides updates on industry developments and complex issues, ensuring professionals stay informed [8]
一年20亿美元:CEO Jamie Dimon要把摩根大通变成「全AI银行」
3 6 Ke· 2025-10-12 02:04
不是口号,是数字。 一年 20 亿美元,真金白银落在岗位、流程、工具上。 不是转型构想,是已经落地的业务系统。 2025 年 10 月 8 日,Jamie Dimon 接受彭博社专访,全面公开摩根大通的 AI 战略: 我们不是做试点,而是要成为一家全 AI 的企业。 这是 CEO 级别的全面动员。 2025 年,摩根大通全年技术投入达 180 亿美元,AI 是其中的核心预算,而非试验项目。Dimon 为转型 定调:我们用 AI 改变的是人的分工、工作的节奏、决策的路径。 当一家全球最大的金融机构,把 AI 变成组织运行的基础设施,这不只是它自己的事,也是所有大企 业、To B 公司、传统机构的即将面对的现实。 接下来,我们基于 Dimon 的完整对话,还原这场"全 AI 银行"的底层架构与落地逻辑。 第一节|AI 将改变每一个岗位、每一道流程、每一个人 Jamie Dimon 谈 AI 从不含糊。 "我从不认为 AI 是一个'未来话题'," 他在这场对话里说:我们十多年前就开始用它了。不同的是,现在它不再是个工具,而是整个公司的运 转方式。 这家拥有 30 万员工、业务覆盖全球 100 个国家的银行巨头,并不 ...
Here's JPMorgan Chase's blueprint to become the world’s first fully AI-powered megabank
CNBC· 2025-09-30 10:45
In this articleJPMwatch nowDeep within the bowels of JPMorgan Chase's data centers and cloud providers, an artificial intelligence program crucial to the bank's aspirations grows more powerful by the week.The program, called LLM Suite, is a portal created by the bank to harness large language models from the world's leading AI startups. It currently uses models from OpenAI and Anthropic.Every eight weeks, LLM Suite is updated as the bank feeds it more from the vast databases and software applications of its ...