TECH - JP Morgan Advances AI Banking Projects Under Regulatory Guidance | Benzinga
JP Morgan Chase & Co (NYSE: JPM) is actively engaging with U.S. regulators to navigate the complexities of implementing generative AI in banking.
The firm is educating regulators on building and controlling AI models, including potential risks. Lori Beer, the bank's global CIO, emphasizes the importance of early regulator engagement to align on oversight expectations, Bloomberg reports.
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The bank is ...