Warsh Says AI Buildout Is Not Immune to Higher Rates
Fed Chair Kevin Warsh said higher borrowing costs can affect America's artificial-intelligence buildout, rejecting the notion that it is immune to rates.
By David UbertiFed Chair Kevin Warsh said he doesn't buy the notion that America's artificial-intelligence buildout is immune from higher borrowing costs, an apparent nod to recent tremors coursing through the riskiest corners of the stock and debt markets."Interest rates affect-directly or indirec…