JPMorgan Eyes $105B Expenses in 2026 with Heavy AI Investments: Dimon

JPMorgan Eyes $105B Expenses in 2026 with Heavy AI Investments: Dimon

Jamie Dimon defended JPMorgan Chase's plan to increase expenses by $9 billion to $105 billion in 2026, emphasizing heavy AI investments to compete with fintech disruptors and enhance efficiencies in fraud detection, customer service, and risk management. This strategy positions the bank as a leader amid economic uncertainties.

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