Jamie Dimon says hyperscaler AI spending could hit $1 trillion next year

CNBC - Sep 22, 2026

JPMorgan CEO Jamie Dimon says AI spending across the hyperscaler ecosystem could reach $1 trillion next year as investment continues to surge.

Read full article

MORE NEWS

Airlines criticise air traffic control as second glitch causes more disruption
Sep 21, 2026

Airlines criticise air traffic control as second glitch causes more disruption

Prime Minister Andy Burnham said further issues "cause even greater concern" about the UK's air traffic control and the head of the organisation that runs it.

Wall Street Is Growing Skeptical of the Data Center Boom
Sep 21, 2026

Wall Street Is Growing Skeptical of the Data Center Boom

Several companies tied to the data center industry have delayed their initial public offerings amid the increasing public backlash to these energy guzzling facilities.

CNN, MS NOW and Politico to Sue Trump Administration Over White House Access
Sep 21, 2026

CNN, MS NOW and Politico to Sue Trump Administration Over White House Access

In a joint statement, CNN, MS NOW and Politico argued that President Trump’s decision to bar them from the White House grounds violates their First Amendment rights.

Anthropic Pursues IPO Despite Its A.I. Safety Warnings
Sep 21, 2026

Anthropic Pursues IPO Despite Its A.I. Safety Warnings

The company is expected to reach $100 billion in annualized revenue this year, even as chief executive Dario Amodei calls for slowing down development of some advanced A.I. models.

What to Do If You’re Laid Off and Too Young for Medicare
Sep 21, 2026

What to Do If You’re Laid Off and Too Young for Medicare

At best, older workers will struggle to find health insurance that bridges the years before they qualify for Medicare at age 65.

Repeated air traffic control failures leave us in worrying territory
Sep 21, 2026

Repeated air traffic control failures leave us in worrying territory

The question is whether all of these incidents were isolated and unavoidable, or whether they point to something more systemic.

Mistakes? We’ve Made a Few
Sep 21, 2026

Mistakes? We’ve Made a Few

For most of its life, The New York Times has tried to correct its errors. These efforts have not always been perfect.

The A.I. Party House Where Networking Has a Dark Side
Sep 21, 2026

The A.I. Party House Where Networking Has a Dark Side

Group tech houses have proliferated across the San Francisco Bay Area in the artificial intelligence boom. One of the most prominent has also racked up an extensive police record.

China Promised to Buy More U.S. Farm Goods. It Hasn’t Happened.
Sep 21, 2026

China Promised to Buy More U.S. Farm Goods. It Hasn’t Happened.

Soybeans are the notable exception, revealing Beijing’s selective approach to fulfilling trade commitments ahead of the summit between President Trump and Xi Jinping.

Young Consultants Are Jumping Ship for A.I. Start-Ups
Sep 21, 2026

Young Consultants Are Jumping Ship for A.I. Start-Ups

Beckoned by the glamour of the start-up space, the industry’s college recruits are joining A.I. companies able to outmatch their consulting salaries.

Bessent and China Hail Progress on A.I. Talks. Now Comes the Hard Part.
Sep 21, 2026

Bessent and China Hail Progress on A.I. Talks. Now Comes the Hard Part.

Artificial intelligence and more are expected to be big issues at this week’s summit between President Trump and Xi Jinping, China’s top leader.

Families missing out on NHS money for healthy food
Sep 21, 2026

Families missing out on NHS money for healthy food

Figures show as little as 64% of eligible families are claiming NHS money for milk, fruit and veg

RECOMMENDED

Profit And Cost

Profit and Cost is the personal business & financial assistance for individuals considering to improve their profits and lowering the cost in their everyday life.

ABOUT US
Newsletter

Subscribe for more recent news from Profit And Cost

Copyright © 2015 - 2026 Profit And Cost. All Rights Reserved.