TechBloomberg Tech1h ago
Blackstone, Pimco Chiefs Debate the Perils of AI Boom
TL;DRFinance leaders question whether credit markets can handle massive AI infrastructure spending.
Why it matters: AI capex demands could strain global credit availability and drive up borrowing costs for everyone.
Blackstone President Jon Gray and Pimco CEO Emmanuel Roman debate whether global credit markets can absorb the tech industry’s multitrillion-dollar AI spending spree, at the HKMA Global Financial Leaders' Investment Summit. (Source: Bloomberg)
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