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Jamie Dimon forecasts hyperscaler AI spending could reach $1 trillion next year, contributing to GDP growth while potentially increasing inflation, with long-term deflationary benefits.
This paper introduces SEA, an architecture for self-evolving agents that confines self-modification to a steering adapter and versioned harness around a frozen base model, using anytime-valid gates to audit modifications against a fixed error budget. Experiments on SWE-bench Verified with four base models show that the suite provides a +4 to +5% improvement on strong base models while preventing regressions.
JPMorgan and Goldman Sachs have restricted their Hong Kong staff from accessing Claude, implying concerns over AI usage in finance.
JPMorgan Chase Center for Geopolitics released a report examining U.S.-China AI competition beyond benchmarks, offering a systemic view of the geopolitical landscape.
Elon Musk tweets about J.P. Morgan's announcement that it served as lead bookrunner on SpaceX's IPO, marking a milestone for the company.
Elon Musk and Jamie Dimon will discuss SpaceX live from J.P. Morgan's global headquarters.
JPMorgan CEO Jamie Dimon predicts the bank will hire more AI specialists and fewer bankers in certain categories, with AI tools making employees more productive in roles like interviewing.