AI gets a seat at the big table at JP Morgan Chase

In a clear signal of how central artificial intelligence (AI) has become to its business strategy, JP Morgan Chase has restructured its leadership so that its AI and data function reports directly to CEO Jamie Dimon and the company president—not the technology head. “We took AI, slash data, out of technology. It’s too important,” Dimon said at the Databricks Data + AI Summit currently underway in San Francisco.