JPMorgan Chase has authorised its workforce to use an internal AI tool to help draft annual performance reviews, reported Financial Times.
According to the sources familiar with the development, the feature utilises the bank’s large language model (LLM), enabling employees in generating review text based on user-provided prompts.
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The initiative aims to simplify several review writing processes, a common requirement in large organisations.
The move reflects how AI-generated content is increasingly integrated into corporate procedures across the US.
Boston Consulting Group indicated that staff who are using AI for drafting reviews could reduce completion time by up to 40%.
However, there is growing recognition of the blurred distinction between human- and machine-generated writing.
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By GlobalDataJPMorgan has advised staff that the AI system should be employed as a starting point for drafting reviews, with individuals retaining responsibility for final submissions.
The tool is not intended for use in compensation decisions. A spokesperson for JPMorgan declined to comment on the development.
The bank has already made its LLM Suite, an in-house version of OpenAI’s ChatGPT, available to employees.
LLM Suite was introduced in 2024 and claims to have reached several users within eight months.
Developed internally, the system offers secure access to various third-party AI applications.
JPMorgan’s technology investment extends across several departments: software developers use LLM Suite for code review; investment bankers employ it in presentation preparation; and members of the legal team utilise bespoke AI tools for contract analysis.
According to the report, the bank has plans to invest $18bn towards technology this year.
