JPMorgan and Goldman Sachs Pursue Billions in European AI Debt Financing

JPMorgan Chase & Co. and Goldman Sachs Group Inc. are preparing to compete for a leading role in financing billions of dollars of European AI-related debt, extending Wall Street's data-center lending race into a market still well behind the United States. Both banks have assembled specialist teams to pitch data-center operators and investors as Europe tries to expand domestic compute capacity and reduce dependence on overseas platforms.