Key Takeaways

Jamie Dimon is the CEO of JPMorgan Chase, the largest bank in the U.S.

In a new interview, Dimon said that JPMorgan is saving billions due to its investment in AI.

AI has provided “about $2 billion of benefit” to the bank, according to Dimon.

JPMorgan Chase, the biggest bank in the U.S. with $3.46 trillion in assets, invests about $2 billion a year into AI technology. According to CEO Jamie Dimon, that investment has already paid for itself.

Dimon told Bloomberg TV on Tuesday that the bank has saved roughly “$2 billion” every year from using AI in everything from risk management to customer service, and that AI is now helping with operations in nearly every part of the bank, from marketing to idea generation. About 150,000 employees a week use JPMorgan’s internal AI

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