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High Interest Rates Aren’t Slowing the A.I. Boom. That’s a Problem for the Fed.

High Interest Rates Aren’t Slowing the A.I. Boom. That’s a Problem for the Fed.
Key Points

There is little sign that higher borrowing costs are doing much to slow artificial intelligence development, which includes spending on chips, data centers and the electrical systems to power them.

There is little sign that higher borrowing costs are doing much to slow artificial intelligence development, which includes spending on chips, data centers and the electrical systems to power them.
the A.I. Boom (ORG) Fed (ORG)
Originally published by NYT Business Read original →