{
  "id": 5567736,
  "title": "JPMorgan executive reveals what AI projects must prove to win funding",
  "url": "https://urgent.news/2026/09/03/jpmorgan-executive-reveals-what-ai-projects-must-prove-to-win-funding",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-03T01:47:00.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/technology/ai/articles/jpmorgan-executive-reveals-ai-projects-014700422.html"
  },
  "original_language": "en",
  "account": "JPMorgan's Kevin Foley, Global Co-head of Investment Banking, revealed what artificial intelligence (AI) projects must demonstrate to secure funding in a CNBC Squawk Box interview on September 1. While capital for AI projects is abundant, investors and lenders are scrutinizing projects more rigorously, focusing on their economic viability rather than potential. Foley highlighted power sourcing as the most critical factor determining whether a project gets funded or not, followed by track record, partnerships, and permits. He dismissed the notion that capital is retracting from AI infrastructure, emphasizing that the market has become \"very discerning,\" which in turn hikes up rates. Global AI-specific capital expenditure has skyrocketed from $400 billion in 2025 to $700 billion in 2026 and is projected to exceed $1 trillion in 2027, leading to a significant difference in capital allocation between well-structured and poorly structured projects. GE Vernova, a key player in providing power solutions for data centers, is seizing this opportunity, with its Electrification segment booking over $5 billion in data center equipment orders in Q1 2026, more than all of 2025, indicating a surge in demand for reliable, scalable, and efficient power sources.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}