Business Insider
Business Insider
US · 8 mins ago

JPMorgan CEO Jamie Dimon says the AI spending boom is likely to pay off

Jamie Dimon said companies are mindful of their token and data center spending. SAUL LOEB / AFP via Getty Images Jamie Dimon said AI spending in the US is likely to pay off. He said data center construction has boosted the US GDP, creating jobs and demand for construction materials. This year, JPMorgan boosted its tech budget to almost $20 million, including AI investments. Jamie Dimon is optimistic that the country's AI spending will pay off. The JPMorgan CEO told CNBC's Leslie Picker in a…
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