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Jamie Dimon says AI is already reshaping JPMorgan Chase's workforce as bank plans 'huge redeployment’

Summary by CNBC
JPMorgan, the world's biggest bank by market cap, has the industry's largest annual tech budget at nearly $20 billion, and it has outlined an ambitious AI plan.

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Jamie Dimon says AI is already reshaping JPMorgan Chase's workforce as bank plans 'huge redeployment’

JPMorgan, the world's biggest bank by market cap, has the industry's largest annual tech budget at nearly $20 billion, and it has outlined an ambitious AI plan.

·United States
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Jamie Dimon: Ai Reshapes Jpmorgan Chase's Workforce, Plans Major Restructuring

JPMorgan Chase CEO Jamie Dimon said at an investor conference on Monday (February 23) that artificial intelligence (AI) has moved from experimental visions to real-world applications, reshaping the workforce of the world's largest bank. In response to this shift, the bank is launching a "massive redeployment" plan to relocate affected employees amid the wave of automation.

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CNBC broke the news in United States on Tuesday, February 24, 2026.
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