JPMorgan Chase (US bank)Mógēn Dàtōng摩根大通will / to (future action)jiāng将artificial intelligencerén'gōng zhìnéng人工智能investment / to investtóuzī投资to classify as / to designate aslièwéi列为core / centralhéxīn核心infrastructurejīchǔ shèshī基础设施，annual / yearlyniándù年度technologykējì科技budgetyùsuàn预算close to / approachingjìn近$20 billion200 yì měiyuán200亿美元。
JPMorgan Chase (US bank)
Mógēn Dàtōng
摩根大通
will / to (future action)
jiāng
将
artificial intelligence
rén'gōng zhìnéng
人工智能
investment / to invest
tóuzī
投资
to classify as / to designate as
lièwéi
列为
core / central
héxīn
核心
infrastructure
jīchǔ shèshī
基础设施
annual / yearly
niándù
年度
technology
kējì
科技
budget
yùsuàn
预算
close to / approaching
jìn
近
$20 billion
200 yì měiyuán
200亿美元
JPMorgan Chase (US bank)
Mógēn Dàtōng
摩根大通
to announce / to declare
xuānbù
宣布
will / to (future action)
jiāng
将
artificial intelligence
rén'gōng zhìnéng
人工智能
expenditure / spending
zhīchū
支出
again / anew / re-
chóngxīn
重新
to classify / to categorize
guīlèi
归类
as / to be
wéi
为
core / central
héxīn
核心
infrastructure
jīchǔ shèshī
基础设施
no longer
bù zài
不再
to regard as / to treat as
shìwéi
视为
experimental / trial
shìyànxìng
试验性
investment / to put into
tóurù
投入
May 15, 2026 at 9:00 AM
JPMorgan Chase (US bank)
Mógēn Dàtōng
摩根大通
to announce / to declare
xuānbù
宣布
will / to (future action)
jiāng
将
artificial intelligence
rén'gōng zhìnéng
人工智能
investment / to invest
tóuzī
投资
from
cóng
从
experimental / trial
shìyànxìng
试验性
innovation
chuàngxīn
创新
category / classification
lèibié
类别
to move to / to shift to
yí zhì
移至
core / central
héxīn
核心
infrastructure
jīchǔ shèshī
基础设施
category / classification
lèibié
类别
the said / this (referring to previously mentioned)
gāi
该
bank
yínháng
银行
year 2026
2026 nián
2026年
technology
kējì
科技
budget
yùsuàn
预算
total amount
zǒng'é
总额
is approximately
yuē wéi
约为
$19.8 billion
198 yì měiyuán
198亿美元
among these / of which
qízhōng
其中
approximately / about
yuē
约
$2 billion
20 yì měiyuán
20亿美元
specifically / exclusively
zhuānmén
专门
to be used for / for the purpose of
yòngyú
用于
artificial intelligence
rén'gōng zhìnéng
人工智能
project / item
xiàngmù
项目
and / with
yǔ
与
cybersecurity / network security
wǎngluò ānquán
网络安全
equivalent / equal
tóngděng
同等
important / significant
zhòngyào
重要
currently / at present
mùqián
目前
there already are / already existing
yǐ yǒu
已有
more than / exceeding
yú
逾
500
500
500
general measure word
gè
个
artificial intelligence
rén'gōng zhìnéng
人工智能
use case / application scenario
yìngyòng chǎngjǐng
应用场景
at / in
zài
在
the said / this
gāi
该
bank
yínháng
银行
to put into / to deploy
tóurù
投入
actual operations / live production
shíjì yùnyíng
实际运营
application / use
yìngyòng
应用
scope / range
fànwéi
范围
to cover / to encompass
hángài
涵盖
fraud / deception
qīzhà
欺诈
detection / to detect
jiǎncè
检测
compliance / regulatory compliance
hégūi
合规
review / to review
shěnchá
审查
and / as well as
jí
及
liquidity
liúdòngxìng
流动性
prediction / forecast
yùcè
预测
and so on / et cetera
děng
等
multiple / several
duō gè
多个
business operations / business function
yèwù
业务
field / domain
lǐngyù
领域
Chief Executive Officer / CEO
shǒuxí zhíxíngguān
首席执行官
Jamie Dimon (JPMorgan CEO)
Dàiméng
戴蒙
to state / to indicate
biǎoshì
表示
to fail to / unable to
wèi néng
未能
to expand / to scale up
kuòdà
扩大
artificial intelligence
rén'gōng zhìnéng
人工智能
deployment / to deploy
bùshǔ
部署
structural particle
de
的
financial institution
jīnróng jīgòu
金融机构
will / to (future action)
jiāng
将
to face / to confront
miànlín
面临
competition / to compete
jìngzhēng
竞争
disadvantage / inferior position
lièshì
劣势
News in English
BusinessJPMorgan Reclassifies AI Spending as Core Infrastructure With Nearly $20 Billion Tech Budget
JPMorgan Chase announced it is reclassifying AI spending as core infrastructure rather than experimental investment, with a total technology budget of $19.8 billion for 2026.
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美伊
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chuánlái
传来
international
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国际
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油价
May
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5月
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大跌
17 percent
17%
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Snowflake
quarterly / fiscal quarter
jìdù
季度
revenue / earnings
yínɡshōu
营收
to exceed / to surpass
chāochū
超出
expectations / forecast
yùqī
预期
and / also
bìng
并
with
yǔ
与
Amazon
Yàmǎxùn
亚马逊
to sign / to conclude
qiānshǔ
签署
$6 billion
60 yì měiyuán
60亿美元
agreement / deal
xiéyì
协议
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中国
April
sì yuè
四月
industrial / industry
gōngyè
工业
profit
lìrùn
利润
to grow / growth
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增长
24.7 percent
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Meta (company name, formerly Facebook)
Meta
Meta
to lay off employees / layoffs
cáiyuán
裁员
8,000 people
bā qiān rén
八千人
to accelerate / to speed up
jiāsù
加速
toward / to
xiàng
向
artificial intelligence
réngōng zhìnéng
人工智能
business / operations
yèwù
业务
to transform / transformation
zhuǎnxíng
转型
Meta Cuts 8,000 Jobs in Sweeping Restructuring Toward AI