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AI spending increases inflation pressures, warns BlackRock
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AI spending increases inflation pressures, warns BlackRock
Billions being invested in AI Returns a long way off Costs increasing in the short term Artificial intelligence is poised to add to inflationary pressures in the near term, a research chief at asset manager BlackRock has told AGBI. Governments and companies have been channelling unprecedented sums into the technologies, infrastructure and raw materials. Across the Gulf, AI projects need products that are in short supply, from advanced semiconduc…
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