Jamie Dimon Says AI Boom Is Competing With Government Borrowing for Capital: ‘Rates Are Going Up’
JPMorgan Chase & Co. (NYSE: JPM ) CEO Jamie Dimon says the AI spending boom is competing with heavy government borrowing for capital as interest rates rise. "Rates are going up. A lot of demand for capital, a lot of government financing," Dimon told Bloomberg Television Tuesday. Bloomberg’s Tom Mackenzie cited JPMorgan