Besant says AI financing risks do not constitute a major issue for now

US Treasury Secretary Bessent stated that although the yields on some AI-related debt have reached double digits, the share of new cloud service providers in the overall AI industry is limited, so financing risks do not currently pose a significant issue, and related financing transactions are still ongoing. Companies such as Meta have also begun raising funds by issuing stocks. He also noted that future Federal Reserve interest rate hikes may not necessarily be a policy mistake and emphasized the need to remain open-minded to assess whether energy shocks are only temporarily pushing up inflation. Bessent further predicted that after the end of the US-Iran conflict, global oil supply will tend to become abundant, which will help ease inflation and lower borrowing costs.