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Wall Street’s top chiefs said that capital markets will continue to underwrite the global artificial intelligence infrastructure buildout, with Morgan Stanley projecting cumulative spending could reach $15 trillion over the next decade. Morgan Stanley Chief Executive Officer Ted Pick estimated that the largest technology hyperscalers could deploy between $800 billion and $1 trillion annually over a seven- to 12-year horizon. He spoke to Bloomberg's David Ingles and Yvonne Man from the sidelines of the Hong Kong Monetary Authority’s Global Financial Leaders’ Investment Summit.
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