According to PANews, citing Zhitongcaijing, HSBC CEO Georges Elhedery said AI will reshape banking operations, but AI infrastructure investments require scrutiny of the quality of tenant agreements and contract pricing; some data center projects carry higher risks.
Zhou Xiaochuan, former governor of the People's Bank of China, said that large amounts of capital are flowing into artificial intelligence AI and related infrastructure, and that some failed investments could trigger financial turmoil; he recommended researching and reserving policy tools to respond.
