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.
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Fed Chair Kevin Warsh said higher borrowing costs can affect America's artificial-intelligence buildout, rejecting the notion that it is immune to rates.
Warsh said interest rates have affected AI financing, but not significantly, and data shows capital spending is broadening beyond AI.
Warsh said he had been skeptical that interest rates would have no effect on AI.
Warsh said he was skeptical that interest rates would have no effect on AI.
Warsh said he was skeptical that interest rates would have no effect on AI.
Warsh said he was skeptical that interest rates would have no effect on AI.
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