AI | JPMorgan’s Sundar Says AI Trade Is in ‘Digestion’ Phase

Sitara Sundar, head of alternative investment strategy at JPMorgan Private Bank, said the artificial intelligence trade is in a “digestion” phase and that the firm remains constructive on the AI industry over the long run, according to Bloomberg. Speaking on Bloomberg Television, Sundar said JPMorgan would lean more into the integration and application layers of artificial intelligence.