JPMorgan Chase hires Carnegie Mellon’s Manuela Veloso to lead AI research

JPMorgan Chase focuses on artificial intelligence. The bank announced in a statement to employees on Thursday that Manuela Veloso had been hired as the company’s first head of artificial intelligence research.

Veloso joins JPMorgan Chase from Carnegie Mellon University where she served as head of the machine learning department. Her employment was first reported by the Wall Street Journal.

The move comes as big players in the financial sector compete …

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