JPMorgan Chase introduces LLM Suite, an AI tool for employees, in a partnership with OpenAI.

JPMorgan Chase has introduced LLM Suite, an AI-powered assistant developed in partnership with OpenAI, to over 60,000 employees, enabling them to access large language models (LLM) for tasks like drafting emails and reports. The bank aims to integrate AI technology across its operations and become less dependent on specific AI providers. JPMorgan has been working on traditional AI and machine learning for over a decade, but the advent of generative AI has led the bank to pivot its approach and explore new potential applications, such as creating marketing content and optimizing branch placements.

August 09, 2024
6 Articles