Furious pace of AI investment on some Fed officials' radar now
3 Articles
3 Articles
Furious pace of AI investment on some Fed officials' radar now
Aug 6 : Federal Reserve officials are beginning to mull whether the frenzied investment driving the buildout of the artificial intelligence sector is getting out of hand and creating risks for the financial sector.For now, some of the officials who have tackled the subject call for vigilance, dashed with a se
The president of the New York Fed, John Williams, said that although there has been an increase in indebtedness to support investment in AI, this is being managed by companies with high profits.
US finance minister Bessent is going down against the former Fed whisperer Timiraos, Gold is rising as a vote of distrust against the new debt duo USA and Japan, and Trump's Iran disaster is getting bigger and bigger! At the same time, the outlooks of American AI companies (night after yesterday's ScanDisk and Western Digital, the day before AMD due to massive investments) – the American AI bubble is getting deeper and deeper cracks! All this [.…
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