AI Capex Cycle Hasn't Reached Overspend Yet: BlackRock
Helen Jewell, BlackRock's fundamental equities international CIO, discusses investment in the artificial intelligence space, saying "the next few years are very clear from an AI perspective because of the amount of capital that you'll see being invested in that space." Speaking on Bloomberg Television, Jewell adds that while every capex cycle reaches the point when overspend starts to happen, that is not the case yet. "We don't believe that we're there now." (Source: Bloomberg)
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