Bank of England chief warns that inflated AI valuations and rising leverage could trigger the next financial crisis

Bank of England Governor Andrew Bailey warned G20 finance ministers that inflated AI valuations, rising leverage, and cyber risks from frontier AI models could trigger the next financial crisis, citing cross-investments between AI companies and hyperscalers as a potential chain-reaction risk. He noted that many countries still lack rules for advanced AI.

Andrew Bailey warns G20 finance ministers about inflated AI valuations, growing leverage across markets, and cyber risks from frontier AI models. Cross-investments between AI companies and hyperscalers could trigger a chain reaction if one major player stumbles. Many countries still lack rules for advanced AI. The article Bank of England chief warns that inflated AI valuations and rising leverage could trigger the next financial crisis https://the-decoder.com/bank-of-england-chief-warns-that-inflated-ai-valuations-and-rising-leverage-could-trigger-the-next-financial-crisis/ appeared first on The Decoder https://the-decoder.com .