Jamie Dimon Expects AI Hyperscalers to Spend $1 Trillion Next Year

Artificial intelligence hyperscalers could spend $1 trillion next year, JPMorganChase Chairman and CEO Jamie Dimon told CNBC in an interview posted Monday (Sept. That figure would be up from the $700 billion the hyperscaler ecosystem is spending this year and the $300 billion it spent last year, Dimon said. “That’s like a 1% increase to GDP each year and obviously it may add a little bit to inflation because you’re hiring people, you’re building factories, you’re buying equipment and copper