JPMORGAN RECLASSIFIES AI AS CORE INFRASTRUCTURE — $19.8 BILLION TECH BUDGET NOW TREATS AI LIKE PLUMBING JPMorgan Chase formally moved AI out of the experimental R&D bucket and into core infrastructure alongside payment systems and risk controls, backing the shift with a $19.8 billion 2026 tech budget and a doubling of AI use cases in production to 1,000. CEO Jamie Dimon warned that banks that fall behind on AI risk permanent competitive damage. Keywords: JPMorgan AI investment, AI banking infrastructure, Jamie Dimon AI, enterprise AI 2026