JPMorgan introduces AI-powered LLM Suite, similar to ChatGPT, to 50K asset/wealth management employees.

JPMorgan Chase has introduced LLM Suite, an AI-powered tool similar to OpenAI's ChatGPT, to its 50,000 asset and wealth management division employees. The large language model assists with writing, idea generation, and document summarization. JPMorgan's CEO, Jamie Dimon, views AI as a transformative development, planning to integrate it into all bank processes, including trading, research, and customer service.

July 26, 2024
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