Bank of England Investigates Data Mining in Lending to Boost AI Investments In a move highlighting growing concerns over the speculative nature of AI investments, the Bank of England is scrutinizing the rising trend of financiers funding data centers as a bet on the future of artificial intelligence. This investigation comes amid warnings of potential financial risks associated with high valuations in the AI sector, mirroring the dot-com bubble burst of the early 2000s. As the demand for AI infrastructure accelerates, the central bank is closely monitoring how these off-balance-sheet bets may influence broader financial stability.
