Market2026-08-22

A Bloomberg newsletter edition summarised two interviews about the scale of AI spending and its effect on work. Former IBM chief executive Sam Palmisano discussed how leaders set goals for such investments before any results exist, and Apollo economist Torsten Slok argued that AI may increase the number of jobs while holding down pay. The item cites a $500 billion partnership between Nvidia and asset managers to finance AI infrastructure, and offers commentary rather than new data.

  • $500bn Nvidia financing partnership

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