Some of the top financial companies in the US are increasingly adopting technologies like generative AI and cloud-based platforms to enhance operational efficiency, improve customer experiences, and mitigate fraud risks. JPMorgan Chase & Co. (NYSE: JPM ) is an American multinational financial services corporation serving millions of consumers, small businesses and corporate, institutional, and government clients in the US and around the world. It is one of the largest banks in the US by customers. On August 9, CNBC reported that JPMorgan Chase & Co. (NYSE:JPM) has launched a generative AI assistant, named LLM Suite, that is already supporting over 60,000 employees in various tasks such as drafting emails and compiling reports. This initiative marks the first step in a larger plan to incorporate AI technology throughout the bank's operations to enhance productivity while ensuring data security. The LLM Suite has been designed to be a portal to utilize external large language models.