#capital expenditure Tech News.
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AIFortuneabout 6 hours ago
JPMorgan says $5.5 trillion AI capex is profitableJPMorgan Global Research estimates total global AI-related capital expenditures will reach $5.5 trillion through 2030, up from $5.1 trillion. The firm's midyear outlook argues the hyperscalers are profitable, debt markets are holding, and the cycle has room to run. The U.S. commands about 85% of AI and machine learning venture capital.
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