IBM shares fell more than 23% after the company issued a warning about AI spending returns, sending a shockwave through the tech industry. JPMorgan Chase CEO Jamie Dimon urged calm over AI's impact on…
Verizon is laying off about 3,000 retail workers and transferring 274 corporate stores to independent owners under CEO Dan Schulman, who expects AI to replace a large percentage of customer service wo…
JPMorgan Chase CEO Jamie Dimon told Business Insider that AI has reduced jobs in certain areas of the bank but has not yet lowered operating costs, raising questions about return on investment from AI…
JPMorgan CEO Jamie Dimon said on CNBC that companies are becoming more rational about AI spending, focusing on token costs and return on investment. Dimon noted that businesses are already routing que…
JPMorgan Chase CEO Jamie Dimon warned at the Pennsylvania Defense and Innovation Summit that broad access to Anthropic's Mythos-class AI models would be like giving 'ballistic missiles to individuals.…
JPMorgan Chase CEO Jamie Dimon said on Wednesday that risks posed by Anthropic's Mythos AI model are a 'real issue' that the U.S. government is on top of, warning that 'you're giving ballistic missile…
JPMorgan Chase CEO Jamie Dimon warned that Anthropic's Mythos AI model poses 'very heightened' cybersecurity risks for the financial sector, citing thousands of unpatched vulnerabilities that could ta…
JPMorgan Chase CEO Jamie Dimon said he understands why people are 'anti-rich,' acknowledging that the U.S. has 'left the lower-income folks behind' as the wealth gap widens, with the bottom 50% of hou…
FedEx CEO Raj Subramaniam, one year after the death of founder Fred Smith, is charting his own path while preserving the company's culture, as he navigates supply chain disruptions and leads the compa…
JPMorgan Chase CEO Jamie Dimon said the bank has cut 30% to 40% of jobs in some departments due to AI, with most affected employees offered other roles within the company. Dimon made the disclosure du…
JPMorgan Chase CEO Jamie Dimon told analysts during the company's second-quarter earnings call that artificial intelligence has already eliminated 30 to 40 percent of jobs in some divisions of the ban…
JPMorgan Chase CEO Jamie Dimon said Tuesday that artificial intelligence has already reduced jobs by 30% to 40% in some areas of the bank, but cautioned that the technology will not dramatically cut t…
JPMorgan Chase CEO Jamie Dimon warned on July 12, 2026, that artificial intelligence poses cyber threats as the single biggest risk, while geopolitical tensions involving Iran, Ukraine, and China coul…
JPMorgan Chase reported a record quarterly profit of $21.2 billion for the second quarter, the highest ever for a US bank, driven by a 28% revenue increase to $57 billion and a $4.6 billion gain from …
JPMorgan CEO Jamie Dimon warned that AI amplifies cybersecurity threats, citing Anthropic's Mythos AI model which uncovered thousands of unpatched vulnerabilities. Dimon noted a 6-12 month window befo…
JPMorgan Chase CEO Jamie Dimon warned that AI-powered cyber threats pose the biggest risk to the US, citing how artificial intelligence tools are accelerating attacks faster than organizations can def…
Anthropic launched ten specialized AI agents for finance professionals at an invite-only event in New York on May 5, 2026, with JPMorgan CEO Jamie Dimon in attendance. The agents automate tasks like r…
JPMorgan Chase is testing an AI tool called Smart Cash that can automatically move money between checking accounts and higher-yielding brokerage products without human approval. The bank has reclassif…
Elon Musk's proposal for 'Universal High Income' driven by AI and robotics was met with a stark warning from investor Michael Burry, who predicted revolution before such a system could be implemented.…
Google CEO Sundar Pichai told Stanford graduates to stop obsessing over their first jobs, sharing a lesson he learned on a road trip to Las Vegas where skipping a class taught him that few moments are…