Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The artificial intelligence (AI) investment surge is showing hardly any signs of abating, with spending across the hyperscaler ecosystem potentially hitting $1 trillion in 2027, according to JPMorgan Chase's CEO Jamie Dimon. Dimon, at the sidelines of the 11th annual JPMorgan India Conference, on Monday told CNBC-TV 18 that the hyperscaler ecosystem has more than doubled from around $300 billion last year to about $700 billion this year. "That's like 1% increase to GDP each year," he said, but added that the spending "may add a little bit to inflation." Don't Miss: A single bad hire can set a startup back years.
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