JPMorgan Chase & Co.’s Kevin Brunner says enthusiasm for artificial intelligence is moving from “hype” toward real-world execution. Brunner, JPMorgan’s global chair of investment banking and mergers and acquisitions (and also global chair of technology investment banking), argues that AI is starting to deliver tangible impacts rather than relying solely on optimistic future projections.

Speaking at the bank’s global technology, media and communications conference in Boston, he describes companies as being in the early stages of refining their “long-term strategic narrative” around AI. The comments suggest firms are beginning to translate interest in AI into longer-term plans and practical implementation.

Across the reports, the emphasis is on the maturation of AI adoption—shifting attention from broad expectations to concrete steps taken by businesses. The sources do not provide specific performance figures or named company examples, but they frame Brunner’s remarks as an assessment of the broader market transition toward application and execution.