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commerce
shāng yè
商业
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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
。

New Words

Mogen Datong
摩根大通
JPMorgan Chase
rengong zhineng
人工智能
artificial intelligence
jichu sheshi
基础设施
infrastructure
yusuan
预算
budget
wangluo anquan
网络安全
cybersecurity
yingyong
应用
application
qizha
欺诈
fraud
hegui
合规
compliance
liudongxing
流动性
liquidity
jingzheng
竞争
competition

News in English

Business

JPMorgan 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

artificial intelligence
réngōng zhìnéng
人工智能
revenue / income
shōurù
收入
prospects / outlook
qiánjǐng
前景
to trigger / to cause
yǐnfā
引发
doubts / questions
yíwèn
疑问
,
semiconductor
bàndǎotǐ
半导体
stock price
gǔjià
股价
from
cóng
从
October
shí yuè
十月
peak / high point
gāodiǎn
高点
to retreat / to fall back
huíluò
回落
。

AI Revenue Uncertainty Pulls Semiconductor Stocks Off October Highs

United States
Měiguó
美国
stock market
gǔshì
股市
Friday
zhōuwǔ
周五
strongly / with force
qiángshì
强势
to rebound / to rally
fǎntán
反弹
,
Dow Jones Index
Dào Zhǐ
道指
gained more than
zhǎng chāo
涨超
400 points
400 diǎn
400点
,
to end / to conclude
jiéshù
结束
volatile / turbulent
dòngdàng
动荡
(particle)
de
的
one week
yī zhōu
一周
。

US Stocks Cap Volatile Week With Strong Friday Rally as Dow Gains Over 400 Points

international
guójì
国际
oil prices
yóujià
油价
to maintain / to sustain
wéichí
维持
high level / elevated level
gāowèi
高位
,
Nasdaq (stock exchange)
Nàsīdákè
纳斯达克
index
zhǐshù
指数
Thursday
zhōusì
周四
to close lower / to finish down
shōu diē
收跌
1.3 percent
bǎifēnzhī yī diǎn sān
1.3%
。

Nasdaq Slides 1.3 Percent as Brent Oil Holds Above 100 Dollars

OPEC
Ōu pèi kè
欧佩克
to announce
xuān bù
宣布
November
shí yī yuè
十一月
oil / petroleum
shí yóu
石油
output / production
chǎn liàng
产量
to maintain / to keep
bǎo chí
保持
unchanged
bù biàn
不变
。

OPEC Announces November Oil Output to Remain Unchanged