JPMorgan Chase reclassified its AI investments from R&D to core infrastructure as part of a $19.8 billion 2026 technology budget targeting $2.5 billion in annual AI value.
Tag: core
Core Inflation Hit an Annual Rate of 3.3% in April as Expected — Fed’s Preferred Gauge
The PCE price index matched forecasts at 3.3% as the Federal Reserve monitors whether price pressures are easing.