Key facts
- Emmanuel Roman, CEO of Pimco, said AI infrastructure investment could reach $10 trillion over the next five years.
- Roman compared that figure with the $12 trillion size of the US bond market.
- Executives at a Hong Kong summit said debt markets, power grids and corporate productivity may not keep pace with AI expansion.
Emmanuel Roman, CEO of Pimco, told a summit in Hong Kong that investment in artificial intelligence infrastructure could reach $10 trillion over the next five years, approaching the size of the $12 trillion US bond market. He said that at some point the demand would be too much, according to the report.
Executives of global asset management firms at the same event said the AI boom is creating demand for capital and infrastructure, and questioned whether debt markets, power grids and corporate productivity can keep pace with the technology's expansion. The report did not date the summit or say which other executives spoke.