AI-Related Investment not Seen as Key Driver for European Growth, BofA Survey Shows

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1018 GMT - Disappointment in artificial-intelligence investment is the top global growth risk, according to 43% of fund managers surveyed by Bank of America. The survey shows that 54% see falling energy prices and easing inflation as the main upside. However, none of the survey participants see AI or data-center investments as a growth driver for Europe. BofA says that 29% of those surveyed believe that an AI-led valuation reset in U.S. equities could trigger a wider market correction.

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The survey shows that 54% see falling energy prices and easing inflation as the main upside. However, none of the survey participants see AI or data-center investments as a growth driver for Europe. 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