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。
May 15, 2026 at 9:00 AM
New Words
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.
JPMorgan Chase announced that it will shift artificial intelligence investment from the experimental innovation category to the core infrastructure category. The bank's 2026 technology budget will total approximately $19.8 billion. Of this, about $2 billion is specifically allocated for artificial intelligence projects, which is equally important as cybersecurity. Currently, there are already more than 500 artificial intelligence use cases deployed in actual operations at the bank. The application scope covers fraud detection, compliance review, liquidity forecasting, and multiple other business domains. CEO Jamie Dimon stated that financial institutions failing to expand artificial intelligence deployment will face competitive disadvantages.
More in Business
Chinazhōngguó中国planjìhuà计划20262026 nián2026年artificial intelligenceAIAIchipxīnpiàn芯片production capacitychǎnéng产能triplefān sānbèi翻三倍。
China Targets Tripling AI Chip Production in 2026 to Counter Nvidia Dependence
Chinazhōngguó中国artificial intelligenceAIAIchipxīnpiàn芯片manufacturerszhìzàoshāng制造商revenueyíngshōu营收significantlydàfú大幅growzēngzhǎng增长。
Chinese AI Chipmakers Report Soaring Revenue Growth in 2026 Earnings Season
United States / AmericanMěiguó美国July7 yuè7月Consumer Price Index (CPI)CPICPIonly / merelyjǐn仅to rise / to go upshēng升0.1 percent0.1%0.1%，interest rate hikejiā xī加息worry / concerndānyōu担忧to ease / to alleviatehuǎnjiě缓解。
US July CPI Rises Just 0.1 Percent as Tame Inflation Data Boosts Markets
Trian Fund Management (investment firm)Tèlǐān Jījīn特里安基金to plan / planjìhuà计划to acquire / takeovershōugòu收购Wendys (fast-food chain)Wēndí温迪，stock pricegǔjià股价to rise / to go upshàngzhǎng上涨13 percent13%13%。
Trian Fund Prepares Bid to Take Wendys Private as Stock Jumps 13 Percent