February 24, 2026

JPMorgan will spend almost $20 billion on technology this year

📌 Key Points

JPMorgan will spend almost $20 billion on technology this year

JPMorgan plans to boost its tech budget by around $2 billion in 2026, reaching $19.8 billion.

The increase in budget is primarily focused on artificial intelligence projects.

CEO Jamie Dimon noted that measuring the return on investment for technology is particularly challenging.

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Original source: businessinsider.comView Original ↗

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