AI investment boom may fuel financial risks: BIS
The Bank for International Settlements (BIS) has cautioned about the financial dangers linked to the rapid growth of AI, pointing to issues of overinvestment and high valuations. There’s a growing worry that advanced AI models could increase cyber threats, ca…
New Delhi: The Bank for International Settlements (BIS) has flagged financial vulnerabilities associated with AI-related financing, warning that the race to capture market share may have led to overi… [+3271 chars]