JPMorgan Chase is shifting its approach to voting on U.S. company shares by replacing traditional proxy-advisory firms with its own artificial intelligence system, Proxy IQ. This internal platform will handle voting management and data analysis for over 3,000 annual company meetings. The decision reflects a growing trend in the finance industry to leverage technology for efficiency and accuracy in shareholder voting processes. The move comes amid increasing scrutiny of proxy-advisory firms, which have faced criticism for potential conflicts of interest and their influence on corporate governance. By using AI, JPMorgan aims to enhance its decision-making capabilities and streamline operations. This change, reported first by the Wall Street Journal, indicates a significant shift in how large institutional investors might approach shareholder engagement in the future.