Jamie Dimon: JPMorgan very protective of data, assume it’ll do everything it can

Jamie Dimon, JPMorgan's CEO, states that excessive AI spending is ending. Businesses now focus on return on investment and token efficiency. Companies are shifting queries to cheaper AI models as costs increase. This trend reflects a broader enterprise move towards data security and cost management. Other business leaders also advocate for using appropriately sized and cost-effective AI models.

By TOI TECH DESK