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
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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.
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