JPMorgan Chase Ranks as World's Most Advanced AI Bank

JPMorgan Chase & Co. ranked as the world's most advanced bank in artificial intelligence for the fifth consecutive year, according to the Evident AI Index published Tuesday. The bank widened its lead over industry competitors as AI deployment across the global banking sector accelerated at a record pace.

Capital One Financial Corp. and Royal Bank of Canada maintained the second and third positions, respectively. The top 10 rankings featured Commonwealth Bank of Australia in fourth place as the only Asia-Pacific lender and UBS Group AG in sixth place as the only European bank. DBS Group Holdings Ltd. ranked 25th in the index.