J.P. Morgan estimates that the artificial intelligence boom will require $5 trillion in financing over the next five years.

According to analysis by J.P. Morgan, operators of super-scale AI data centers are expanding massively to build data centers, and will need to issue approximately $1.5 trillion in investment-grade bonds over the next five years, as well as secure extensive financing from various other markets. Strategists led by Tarek Hamid said, "The question is not 'which market will provide funding for the AI boom', but 'how to construct financing structures that can access funds from all capital markets'." In a report on Monday, the strategists wrote that J.P. Morgan estimates financing needs to be at least $5 trillion, possibly reaching $7 trillion, which alone will drive the bond and syndicated loan markets to accelerate growth once again.