Can tight credit save AI?
QQQ•Pictet Wealth Management argues tighter credit could deflate the AI bubble without bursting it, while investors question the sustainability of the sector’s spending boom. Pictet favours companies benefiting from AI adoption over infrastructure providers.
1. Credit and AI investment
Pictet Wealth Management says tighter credit availability could help deflate the AI bubble without bursting it. CIO César Pérez Ruiz cited BlackRock CEO Larry Fink’s remark that he is seeing genuine capital shortages for the first time in his 50-year career. Pictet favours companies benefiting from AI adoption over those providing infrastructure behind the boom.
