Jamie Dimon says businesses are already getting smarter about AI spending

Jamie Dimon said companies are mindful of their token and data center spending. SAUL LOEB / AFP via Getty Images Jamie Dimon said that businesses are being rational about AI spend. Dimon said his bank considers the value AI adds and negotiates with vendors "all the time." Business leaders, like Alex Karp, have criticized excessive AI spend, likening it to addiction. AI is getting expensive, and companies need to be rational about it, says Jamie Dimon. On a CNBC appearance on Wednesday, the ...