WorkThe story, in brief
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.
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 knowJamie Dimon (JPMorgan CEO) publicly dismisses AI bubble concerns
Larry Fink (BlackRock CEO) expresses confidence in AI demand
Wall Street funding of AI sector continues despite broader skepticism
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