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Need for Massive Capital to Build AI Infrastructure and Warnings of Financial Risks

CNBC +1 · ·by G4L

BX Blackstone Inc
$122.53 -1.23%
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  1. 1Blackstone President John Gray said more equity financing is required to build AI infrastructure.
  2. 2Pimco CEO Emmanuel Roman warned that AI-related capital expenditures could reach approximately $10 trillion over the next five years.
  3. 3Goldman Sachs wrote that capital expenditures for global data center demand will be approximately $8.5 trillion over the next five years.

So what's the key point?

There is discussion regarding the massive amount of money needed to build artificial intelligence facilities. Caution is advised as costs could reach approximately $10 trillion over the next five years.

Source CNBC +1 · View original ↗

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