IMF says AI investment is keeping global growth near 3%

IMF chief Kristalina Georgieva said on Monday that spending on AI infrastructure is helping the world economy grow by about 3% each year, even though energy prices are high.

She made these comments in Bangkok at the start of the IMF and World Bank annual meetings, according to Reuters.

According to Georgieva, Asian economies that produce AI hardware, like Thailand, benefit the most. She estimated that advanced Asian economies could see growth increase by 0.5 to 1 percentage point, while…