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Will JPMorgan see a 5% reduction in operational costs by the end of Q2 2025 due to the LLM Suite?
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JPMorgan's official financial reports or press releases
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JPMorgan Deploys OpenAI-Powered LLM Suite to 60,000 Employees
Aug 9, 2024, 11:55 AM
JPMorgan Chase has introduced a generative AI assistant, powered by OpenAI, to more than 60,000 employees. This AI tool, known as the LLM Suite, is designed to assist with tasks such as writing emails and reports. The deployment of this technology marks the initial phase of a broader strategy to integrate AI throughout the bank. The initiative aims to enhance productivity and streamline operations, reflecting JPMorgan's commitment to leveraging cutting-edge technology in its operations.
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