AI spending frenzy could reshape the economy, Bridgewater CIOs say

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Spending on artificial intelligence by large corporations will continue ‍to grow exponentially and reshape the economy, Bridgewater Associates‘ co-chief investment ⁠officers said in a client note on Monday.

AI has emerged as the key driver of global corporate investment and a central force behind the ‌market rally, ‌altering capital spending plans across industries.

A surge in corporate spending across the AI ‌supply chain, from data center infrastructure to chips and power, has helped lift equity markets even as worries grow over a potential…



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AI spending frenzy could reshape the economy, Bridgewater CIOs say



Spending on artificial intelligence by large corporations will continue ‍to grow exponentially and reshape the economy, Bridgewater Associates‘ co-chief investment ⁠officers said in a client note on Monday.

AI has emerged as the key driver of global corporate investment and a central force behind the ‌market rally, ‌altering capital spending plans across industries.

A surge in corporate spending across the AI ‌supply chain, from data center infrastructure to chips and power, has helped lift equity markets even as worries grow over a potential…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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