JPMorgan Chase (bank name)Mógēn Dàtōng摩根大通to reclassify / to elevatejiāng将artificial intelligencerén gōng zhì néng人工智能investment / spendingtóurù投入to classify as / to designate aslièwéi列为corehéxīn核心infrastructurejīchǔ shèshī基础设施，annualniándù年度technologykējì科技budgetyùsuàn预算to rise to / to increase toshēng zhì升至$19.8 billion198 yì měiyuán198亿美元。
May 9, 2026 at 5:00 AM
New Words
News in English
BusinessJPMorgan Reclassifies AI as Core Infrastructure With $19.8 Billion Tech Budget
JPMorgan Chase announced it is reclassifying AI spending from experimental R&D to core infrastructure, raising its 2026 technology budget to $19.8 billion with $2 billion directly allocated to AI.
JPMorgan Chase announced that it will increase its 2026 annual technology budget to $19.8 billion, of which approximately $2 billion will be directly allocated to artificial intelligence projects.
The bank is formally reclassifying AI investment from "discretionary innovation" to "core infrastructure," placing it alongside data centers and payment systems. Currently, the bank has dedicated approximately 2,000 employees to exclusive work on AI development initiatives.
CEO Jamie Dimon stated that artificial intelligence will impact virtually all banking functions and represents a core element of the bank's future competitive advantage. AI applications span a wide range of use cases, including customer service automation, lending decision models, and assistance tools for software engineers.
Furthermore, JPMorgan Chase plans to expand investment in cloud infrastructure and cybersecurity systems.
More in Business
datashùjù数据analysisfēnxī分析companygōngsī公司EXL (data analytics company)EXLEXLto announcexuānbù宣布to acquireshōugòu收购artificial intelligencerén gōng zhì néng人工智能trainingxùnliàn训练companygōngsī公司iMerit (AI training company)iMeritiMerit。
Data Analytics Firm EXL to Acquire AI Training Company iMerit for Up to $310 Million
MSCI (financial data company)Míngshèng明晟for / at (a price)yǐ以$120 million1.2 yì měiyuán1.2亿美元to acquire / acquisitionshōugòu收购climateqìhòu气候riskfēngxiǎn风险datashùjù数据companygōngsī公司First Street (climate data company)First StreetFirst Street。
MSCI Acquires Climate Risk Data Firm First Street for $120 Million
Samsung (company)Sānxīng三星to announcexuānbù宣布within ten yearsshí nián nèi十年内in / atzài在South KoreaHánguó韩国to investtóuzī投资$648 billion6480 yì měiyuán6480亿美元。
Samsung Pledges $648 Billion Investment in South Korea Over Next Decade
fourthdì sì jiè第四届Chinazhōngguó中国internationalguójì国际supply chaingōngyìng liàn供应链expobólǎn huì博览会inzài在Beijingběijīng北京openskāimù开幕。
Fourth China International Supply Chain Expo Opens in Beijing