AI investment is moving so fast, Fed Chair Kevin Warsh says it may soon stop being its own category. He pointed to a surge in data center construction and demand for AI-related equipment and software, noting high-tech spending jumped nearly 25% in the first quarter. Warsh says the Fed is still fig

AI investment is moving so fast, Fed Chair Kevin Warsh says it may soon stop being its own category. He pointed to a surge in data center construction and demand for AI-related equipment and software, noting high-tech spending jumped nearly 25% in the first quarter. Warsh says the Fed is still fig

JUST IN: 🇺🇸 Fed Chairman Warsh told the House Financial Services Committee that the economy's benefits from AI are not yet fully known, but monitoring implications for employment and inflation. "That which we're now calling AI investment will soon just be called investment." 💬 https://t.co/1Y6ps