AIIB Vice President Says Multilateral Banks Can Help Prevent AI From Widening Global Divides

Detailed summary

Multilateral development banks can help meet growing demand for AI infrastructure while preventing AI from widening economic divides between countries, Asian Infrastructure…

Multilateral development banks can help meet growing demand for AI infrastructure while preventing AI from widening economic divides between countries, Asian Infrastructure Investment Bank (AIIB) Vice President Ludger Schuknecht said Thursday.

The AIIB is optimistic about investment demand, particularly for AI infrastructure such as data centers, as AI transforms economies and societies, Schuknecht said at the Caixin Summit in Beijing.

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