Barclays Survey Finds 52% of Managers Use AI, 72% of Hedge Funds Daily
BCS•BCS•BCS•BCS•Barclays’ survey of 410 fixed-income investors found 52% of long-only managers and 44% of hedge funds use AI for research, with 72% of hedge funds deploying AI daily. Marc Andreessen warns that AI growth will hinge on energy and cooling capacity, constraining institutional demand and Barclays’ infrastructure financing opportunities.
Barclays surveyed 410 fixed-income investors across North America, Europe, the Middle East and Asia. It found 52% of long-only managers and 44% of hedge funds use AI for research, with 72% of hedge funds deploying AI daily. Trading applications lagged and data security ranked as the top barrier.
Marc Andreessen linked AI expansion to energy abundance, warning that power and cooling capacity will determine growth. Projections show data center electricity demand will nearly double to 945 terawatt hours by 2030, a level comparable to Japan’s current power use and exceeding US aluminum, steel and cement production combined.
