AI Moving From ‘Hype’ to Real Execution, JPMorgan’s Brunner Says

Enthusiasm for artificial intelligence is no longer just rosy predictions about the future, with the technology now making significant real-world impacts, according to Kevin Brunner, JPMorgan Chase & Co.’s global chair of investment banking and mergers and acquisitions.

“We’ve actually gone from hype to real execution and scaling,” Brunner said Tuesday in an interview on Bloomberg TV at the bank’s global technology, media and communications conference in Boston. “Every company here is very focused on what’s their long-term strategic narrative, and are in the early stages of doing so.”