AI spending frenzy could reshape the economy, Bridgewater CIOs say

Jan 26 (Reuters) - Spending on artificial intelligence by large corporations will continue to grow exponentially and reshape the economy, ​Bridgewater Associates' co-chief investment officers said in a client note ‌on Monday. AI has emerged as the key driver of global corporate investment and a ‌central force behind the market rally, altering capital spending plans across industries. A surge in corporate spending across the AI supply chain, from data center infrastructure to chips and power, has helped ...