PIMCO CEO warns AI spending spree could end in a downturn
Photo: Crypto Briefing
Emmanuel Roman says AI may need roughly $10 trillion in financing over five years, a sum that rivals the entire US bond market One of the world’s biggest bond investors just put a price tag on the AI boom. It is a large one. PIMCO chief executive Emmanuel Roman told a Hong Kong audience that artificial intelligence could need approximately $2 trillion a year in financing over the next five years. Add it up and you get around $10 trillion , with Roman warning that a pace like that may not hold.
Source: Crypto Briefing
