JPMorgan Chase is giving its employees an AI assistant powered by ChatGPT maker OpenAI

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JPMorgan Chase is giving its employees an AI assistant powered by ChatGPT maker OpenAI

JPMorgan Chase has launched a generative AI assistant named LLM Suite for over 60,000 employees. This initiative marks the beginning of a broader strategy to incorporate AI technology throughout the bank. The assistant is designed to streamline tasks such as writing emails and reports, aiming for widespread adoption similar to the use of Zoom.

The LLM Suite allows employees to access external large language models, starting with OpenAI's technology. This approach enables flexibility in model usage based on specific tasks, as stated by JPMorgan's chief data and analytics officer. The bank's commitment to AI reflects a significant shift in how financial services can leverage advanced technology to enhance productivity and efficiency.

• JPMorgan's LLM Suite aims to enhance employee productivity with AI.

• Generative AI is expected to transform banking jobs significantly.

Key AI Terms Mentioned in this Article

Generative AI

This technology is being integrated into various banking functions to improve efficiency and productivity.

Large Language Models (LLMs)

JPMorgan's LLM Suite utilizes these models to assist employees in various tasks.

Prompt Engineering

Employees at JPMorgan are being trained in prompt engineering to maximize the effectiveness of the LLM Suite.

Companies Mentioned in this Article

JPMorgan Chase

The bank is actively integrating AI to enhance operational efficiency and employee productivity.

OpenAI

OpenAI's technology is foundational to JPMorgan's new AI assistant, LLM Suite.

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