US Banks Want a Bigger Piece Of The AI Trade: Here's How They're Getting It
US business lending hit $2.93 trillion, up 10% year over year, the fastest since March 2023. Bank of America says AI capex is behind it.
Banks are lending more money to companies buying AI stuff, and that's helping banks make more money too. When you see banks doing well, it often means companies are spending a lot and feeling hopeful about the future.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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