business / news / / Australian Financial Review
JPMorgan Chase chief executive Jamie Dimon believes the $US1 trillion investment in data centres ‘will make sense’ in the long haul.
Jamie Dimon supports a $1.4 trillion long-term investment in data centres for AI.
KEY POINTS
- Wall Street institutions are prepared to fund unprecedented levels of tech infrastructure spending.
- Spending will also cover chips, wires, and hardware in addition to data centres.
- Jamie Dimon asserts technology investments eventually pay off, though returns may be uneven.
COMPANIES
Summarized by Newsio from Australian Financial Review. How we summarize →