JPMorgan Chase & Co. (NYSE: JPM) and Mitsubishi UFJ Financial Group are in talks to underwrite a $22 billion loan for a Texas data center project. This venture, led by Vantage Data Centers, is fueled by AI technology demand and interest in data infrastructure expansion in Texas due to low energy costs.

JPMorgan Chase & Co. (NYSE: JPM) is a financial services company offering investment banking, commercial banking, financial transaction processing, and asset management services globally. The company serves millions of clients and supports economies worldwide.

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Read more at Yahoo Finance: JPMorgan (JPM) and MUFG Eye $22B Loan for Texas AI-Driven Data Hub