JPMorgan to Invest in AI, Tackle Privacy Concerns

Global investment bank says that transparency is key to instilling trust in use of AI.

jp-morgan

“We are not satisfied with the level of fundamental research in AI that is focused on financial markets,” says Sanoke Viswanathan, chief administrative officer of the corporate and investment bank at JPMorgan. “In discussing with clients, on the types of issues we are dealing with, there isn’t enough core research going on in areas such as market simulations, time-series predictions and things like that. So we want to set up a research capability that is focused on that.”

He says there is not

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