JPMorgan and Stripe are both hiring generative AI specialists from the cloud
Investment bank JPMorgan and fintech Stripe are each leaders in their respective fields when it comes to implementing AI. They also seem to have a similar eye for talent; both firms have each recently hired a senior AI specialist working on cloud technology at a Big Tech firm.
JPMorgan hired Jason Gelman as an MD and its global head of AI product. He spent the last three years as director of product management at Vertex AI, a Google Cloud platform built for prototyping and testing generative AI models. He was also a principal product manager at AWS, working on technical AI platforms.
Curiously, Gelman has a background as a lawyer. He was a junior attorney in real estate law, then served as general counsel at multiple startups, including AI modelling firm Body Labs. He joined Amazon after it acquired Body Labs for a reported ~$50m. Given the highly regulated nature of banking, and fears from other banks over how to make AI fit with their compliance guidelines, it could well be a shrewd move.
Stripe's hire from the cloud, meanwhile, is more technical. Greg Buhrer joined the fintech in New York as its head of GenAI and AI foundations after spending a collective 18 years working at Microsoft across multiple stints. He was a distinguished engineer at the tech giant and spent the last four years as CTO of machine learning for its Azure cloud arm.
Stripe has been making multiple developments in AI over the past year. It unveiled its foundation AI model back in May which it claimed helped reduce cyberattacks on large businesses by 64% "practically overnight."
Going after cloud alumni is a natural choice given their experience working on high-performance computing on a massive scale. They may also have a good contingency plan should there be any outages, like the recent one at AWS.
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