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Jamie Dimon in China: As AI adoption accelerates, we will hire more AI specialists
America’s largest bank JP Morgan CEO Jamie Dimon recently said that the bank plans to hire more artificial intelligence specialists as the adoption of technology accelerates. Speaking at the bank’s China Summit in Shanghai with Bloomberg, Jamie Dimon said “I think it will reduce our jobs down the road”, adding “There will be all different types of jobs, and I think we will be hiring more AI people and fewer bankers in certain categories, and it will make them more productive.” Striking a...
As Jamie Dimon calls Elon Musk 'Edison of our time', Musk says: There will not be much AC left
As SpaceX moves closer to what could become the biggest stock market listing in history, Elon Musk has found himself at the center of a debate about innovation and history. The discussion started after JPMorgan Chase CEO Jamie Dimon praised Elon Musk during a road show event linked to SpaceX's expected public debut. Jamie Dimon compared Musk to Thomas Edison, one of America's most famous inventors.
Musk tells Jamie Dimon that America faces a catastrophic 'zero memory fab' crisis
SpaceX CEO Elon Musk recenlty virtually joined an event hosted by CEO Jamie Dimon at JPMorgan’s office in New York. Shared on social media platfrom X, the conversation between the two CEOs ranged from SpaceX’s financial trajectory to bold visions of lunar AI data centers and the looming semiconductor crisis in the United States. While Musk confirmed SpaceX’s decision to go public, he stressed that the lack of domestic high-volume computer memory manufacturing poses a far greater threat to...
JP Morgan CEO vows to fight against Act disputed by banking and crypto industries
Jamie Dimon the CEO of America’s largest bank JPMorgan Chase has sharply critisied Coinbase CEO Brian Armstrong and vowed to oppise the Clarity Act, which is a digital-asset bill advacning through Congress. According to a report by Bloomverg, speaking in a Fox Business interview, Dimon dismissed Armstrong as ‘full of sh**t’ and said that banks ‘will not accept’ the current version of the legislation. The Clairty Act, recenlty advanced by the Seneate Banking Committee, has become a flasgpoint...
JP Morgan may spend $20bn on acquisitions, but CEO rejects them as growth fix
JPMorgan Chase CEO Jamie Dimon recently said the bank could spend up to $20 billion on an acquisition in the coming years. However, he has warned that mergers and acquisitions should not be viewed as a solution for weak business growth. Speaking to analysts at a recent financial conference in New York, Dimon said that America's biggest bank is open to pursuing the right opportunity, while stressing that management teams should focus on expanding their businesses organically rather than...
Swiss Dental Startup vVardis Is Preparing for US IPO
Haley and Goly Abivardi with Jamie Dimon, who praised vVardis at JPMorgan’s 2025 San Francisco conference
Will JPMorgan Buy Dimensional? An ETF Newsletter Can Dream
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview on the sidelines of the JPMorgan China Summit in Shanghai, China, on Thursday, May 21, 2026. Dimon said the Wall Street giant will likely hire more artificial intelligence specialists and fewer traditional bankers as the adoption of the technology accelerates.
Bitcoin falls to $61,000, down more than 25% this month as long-term holders sell
Bitcoin has fallen to its lowest level since February, dropping more than 25% this month, as long-term holders liquidate billions in holdings and efforts to advance US crypto regulation face uncertainty in Washington. Bitcoin's slide deepened on Wednesday, with the price dropping as low as $61,300 for the first time since February, extending one of the most turbulent periods for the world's largest cryptocurrency this year. The price is down more than 25% from its high earlier this month and...
Anthropic CEO, who warns of AI-led mass layoffs, calls them a necessity
Anthropic CEO Dario Amodei has spent the better part of 2026 telling anyone with a microphone that AI is about to wipe out half of all entry-level white-collar jobs. Now, at the World Economic Forum in Davos, the man whose company is selling that very AI is no longer just warning about the layoffs. He's calling the policy response to them a necessity that will eventually steamroll partisan politics in the United States.