Here's JPMorgan Chase's blueprint to become the world’s first fully AI-powered megabank

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Deep within the bowels of JPMorgan Chase’s

data centers and cloud providers, an artificial intelligence program crucial to the bank’s aspirations grows more powerful by the week.

The program, called LLM Suite, is a portal created by the bank to harness large language models from the world’s leading AI startups. It currently uses models from OpenAI and Anthropic.

Every eight weeks, LLM Suite is updated as the bank feeds it more from the vast databases and software applications of its major businesses, giving the platform more abilities, Derek Waldron, JPMorgan chief analytics officer, told CNBC in an exclusive interview.