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Excessive AI spending risks global financial consequences, BIS warns

By cointelegraph.com · · 1 min read
Excessive AI spending risks global financial consequences, BIS warns

The AI investment surge is a potential flashpoint for systemic risk, “as financing has relied on enormous debt and highly leveraged nonbank structures that can rapidly unwind,” one analyst said in response to the report.

Read the full article on cointelegraph.com

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