TNW | Finance
Wall Street CEOs split over AI risks at Hong Kong summit
Pimco and Bain Capital warned about AI spending and valuations, while Morgan Stanley and Blackstone stayed upbeat.
By TNW | Finance
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Top bankers and fund managers gave clashing views on the risks of the AI boom on Tuesday, at an investment summit in Hong Kong.
Some warned that spending and valuations are running ahead of returns. Others said demand is still strong, Bloomberg reported.
The remarks came at the Global Financial Leaders’ Investment Summit, hosted by the Hong Kong Monetary Authority, which brings together…
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