Morgan Stanley CEO: Future annual spending on AI will reach 1 trillion dollars

2026-10-15 06:42:42

Morgan Stanley CEO Ted Pick expects that the annual spending in the field of artificial intelligence will remain around $1 trillion in the next 5 to 10 years. He stated that the role of banks is to regulate the pace of AI capital expenditures to adapt to market demand.

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Artificial Intelligence Capital Expenditure Morgan Stanley

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