Money MarketingBusiness & Tech• 1 min read

AI boom risks ‘huge capital destruction’, warns Rathbones’ Coombs

There could be "huge capital destruction" over the next five years as money pours into artificial intelligence (AI), according Rathbones' head of multi-asset investments.

Read the full story at Money Marketing

Havoc links to the original reporting — the full story stays with the publisher.

Was this worth reading?Sign in to vote

More in Business & Tech

Finextra

Culture Shifts: Why the Industry Is Already Moving Beyond T+1

At Sibos 2026, Smartstream’s Nick Smith talks about how banks are progressing at different speeds towards real-time payments, intraday liquidity management and post-trade automation, largely because of differences in culture, priorities, data quality and legacy technology.

Business & Tech The Register

NetBSD may have found a new role: The AI-free FOSS OS

Increasing awareness and adoption, followed by increasing donations

Business & Tech The Register

Microsoft plans multi-gigawatt rollout of next-gen Azure Maia AI accelerator racks

96-chip configuration promises seven times its predecessor's token throughput, with production deployments due in 2027

Business & Tech