From Dimon and Blinken, to Altman and Lagarde: Here are some of the top quotes from Davos

The potential for generative artificial intelligence, when interest rates might be cut, and the ongoing wars in Ukraine and the Gaza Strip were key topics at the World Economic Forum in Davos, Switzerland this week.

Business and political leaders also discussed global trade, climate change and what might happen if former President Donald Trump returns to the White House this year.

Here's a rundown of who said what.

An increasingly isolated Russia now relies on China for both its military and economic ends, the European Commission's President Ursula von der Leyen said Tuesday.

"Russia is now dependent on China," she said during an address at WEF, adding that Russia is failing on its strategic goals.

"It is first and foremost a military failure," she said, noting that Ukraine had thus far retained its "freedom and independence" in its almost two-year war with Moscow.

Bitcoin does nothing, according to JPMorgan CEO Jamie Dimon. "I call it the pet rock," he told CNBC on the sidelines of WEF in Davos.

"There's a cryptocurrency which might actually do something," Dimon said of smart chain-enriched blockchains. "And then there's one which does nothing."

When asked what he made of BlackRock CEO Larry Fink's change of heart on bitcoin — after the world's largest asset manager filed an application for a bitcoin ETF — Dimon said, "I don't care. So just please stop talking about this s***."

Dimon also spoke about Ukraine's war with Russia following a meeting with its President Volodymyr Zelenskyy. "We have to teach the American public that this is about freedom and democracy for the free world, and that's where the battle is being fought," he said. "This is 'America first'."

"One man has stolen at least 13 years of peace, replacing them with