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The Economic Times
The Economic Times
Business
Anupam Nagar

AI investment boosts growth prospects for Asian economies: IMF

Strong investment in artificial intelligence infrastructure is helping sustain global economic growth at around 3%, offsetting some of the drag from an energy supply shock and benefiting Asian economies that supply hardware, including Thailand, International Monetary Fund Managing Director Kristalina Georgieva said, according to a report by Reuters.

The AI investment boom is providing a significant boost to economic activity, with the impact extending beyond advanced economies to emerging markets across Asia, Georgieva said at the IMF and World Bank annual meetings in Bangkok.

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