Investors Eye AI Spending in Bank Earnings
JPMorgan CEO Jamie Dimon insisted in the bank’s post-earnings call that it will be spending on AI to drive efficiencies and keep up with competitors, in response to an analyst question. As bank earnings continue to roll out this week, Alexandra Mousavizadeh, co-CEO and co-founder of Evident, a platform that benchmarks and tracks AI adoption across the financial services sector, joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
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