AI spending is exploding — and the money is moving across chips, data centres, banks and consumer technology. Michelle Martin looks at Alibaba’s sweeping AI ambitions, Jamie Dimon’s US$1 trillion hyperscaler spending forecast, UOB’s play on AI financing and Meta’s new AI agent. Plus, what’s moving Lennar, Peloton, Apple and India’s National Stock Exchange — and would you trust an AI agent to shop and spend your money?