JPMorgan Chase reclassified artificial intelligence from an experimental tool to core infrastructure.
The bank allocates $2 billion annually to AI development.
This investment is part of a broader $19.8 billion technology budget.
The firm currently maintains over 500 AI use cases in production.
The OmniAI platform monitors more than $10 trillion in daily transactions.
Machine learning-based anomaly detection reduced anti-money laundering false positives by 95%.