{"id":652127,"date":"2026-05-05T23:55:08","date_gmt":"2026-05-05T23:55:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/652127\/"},"modified":"2026-05-05T23:55:08","modified_gmt":"2026-05-05T23:55:08","slug":"jamie-dimon-larry-fink-say-there-is-no-ai-bubble-defend-spending-on-data-centre-investment-for-artificial-intelligence","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/652127\/","title":{"rendered":"Jamie Dimon, Larry Fink say there is no AI bubble, defend spending on data centre investment for artificial intelligence"},"content":{"rendered":"<p>New York\/Beverly Hills | Jamie Dimon believes the $US1 trillion ($1.4 trillion) investment in data centres \u201cwill make sense\u201d in the long haul because of the power of AI technology, underscoring Wall Street\u2019s appetite to fund an unprecedented level of spending on tech infrastructure.<\/p>\n<p><a href=\"https:\/\/www.afr.com\/world\/north-america\/dimon-urges-us-to-get-stronger-keep-economic-military-power-20260407-p5zlpn\" rel=\"nofollow noopener\" target=\"_blank\">The JPMorgan Chase chief executive<\/a> said the spending would also include vast sums for things such as chips, wires and hardware but that \u201ctechnology tends to pay for itself, just not in a straight line\u201d.<\/p>\n<p>Loading&#8230;<\/p>\n<p class=\"_137dbe642694dac0-source\">Financial Times<\/p>\n","protected":false},"excerpt":{"rendered":"New York\/Beverly Hills | Jamie Dimon believes the $US1 trillion ($1.4 trillion) investment in data centres \u201cwill make&hellip;\n","protected":false},"author":2,"featured_media":652128,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,254,255,64,63,105],"class_list":["post-652127","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-au","tag-australia","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/652127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=652127"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/652127\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/652128"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=652127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=652127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=652127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}