JPMorgan Chase invests in artificial intelligence startup Volley


FILE PHOTO: People walk by the JP Morgan & Chase Co. building in New York, U.S. on October 24, 2013. REUTERS/Eric Thayer/File Photo

NEW YORK: JPMorgan Chase & Co has made a strategic investment in Volley.com, a San Francisco-based startup that uses artificial intelligence to help large enterprises automatically generate training content for employees, the companies said on July 17.

The companies declined to disclose the size of the investment, but Volley said it will use the funding to double its team of less than 20 over the next nine months.

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