AI capex could hit $1 trillion next year, says JPMorgan CEO Jamie Dimon – CNBC TV18

In TrendsStock MarketNifty OutlookCrude Oil PricesGold and SilverNPS SwasthyaMoneyview IPODow JonesAI capex could hit $1 trillion next year, says JPMorgan CEO Jamie DimonJPMorgan Chase CEO Jamie Dimon states AI adoption is "table stakes" for businesses, not just ROI. AI spending could hit $1 trillion next year, impacting inflation and interest rates.By Prashant Nair September 22, 2026, 7:10:24 AM IST (Published)JPMorgan Chase CEO Jamie Dimon said companies ramping up spending on artificial intelligence cannot look at the technology purely through the lens of return on investment, as AI adoption could become “table stakes” for businesses.Speaking at the J.P. Morgan India Investor Conference, Dimon said spending across the hyperscaler ecosystem had risen from around $300 billion last year to about $700 billion this year and could reach $1 trillion next year.“It’s not just ROI — sometimes it’s just table stakes,” Dimon said, explaining that companies may continue investing in AI when it improves customer experience even if the financial return is difficult to quantify. AI spending enters the trillion-dollar zoneDimon said the scale of AI investment is also becoming a macroeconomic factor, adding to demand for capital alongside infrastructure spending, remilitarisation and government deficits.He said AI spending could add to inflation in…

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