HSBC Chief Urges Caution Over Data Center Tenancy Quality Amid AI Spending Spree

HSBC Chief Urges Caution Over Data Center Tenancy Quality Amid AI Spending Spree

CNBC Finance reports that HSBC CEO Georges Elhedery is calling for a more disciplined approach to infrastructure lending as the race for artificial intelligence capacity accelerates. While the bank views AI as a fundamental tool for internal productivity, Elhedery warns that inve

CNBC Finance reports that HSBC CEO Georges Elhedery is calling for a more disciplined approach to infrastructure lending as the race for artificial intelligence capacity accelerates. While the bank views AI as a fundamental tool for internal productivity, Elhedery warns that inve