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JPMorgan and BlackRock bosses play down talk of AI bubble

JPMorgan and BlackRock aren't worried. Here's why Wall Street's two biggest voices just killed the AI bubble narrative.

Reporting by Financial Times Technology 1 min brief
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The KeyNews take

Why it matters

As skepticism about AI ROI grows in the market, Dimon and Fink's public confidence signals that institutional capital remains committed to the sector—a crucial counterweight to narrative risk for founders and investors seeking validation.

The key facts

4 to know

  1. Jamie Dimon (JPMorgan CEO) publicly dismisses AI bubble concerns

  2. Larry Fink (BlackRock CEO) expresses confidence in AI demand

  3. Wall Street funding of AI sector continues despite broader skepticism

  4. Institutional investor sentiment from two $10T+ asset holders

Go to the source

Financial Times Technologyft.com

Publisher excerpt: Dimon and Fink upbeat in separate comments about demand for the technology as Wall Street funds sector’s spending
Read original report
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