AI investment boom offsets energy shock to keep global growth at 3%, IMF chief says

The National ·
United Arab Emirates

Strong investment ⁠in AI infrastructure is keeping global growth at about 3 per cent, yielding major ​benefits for many Asian economies that supply the hardware, such as Thailand, International Monetary Fund managing director Kristalina Georgieva said on Monday. The artificial ⁠intelligence investment boom was already delivering a “demand shock, an investment shock” that could boost growth in…

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