IMF says AI investment keeps global growth around 3%, with major Asia benefits

The International Monetary Fund (IMF) reports that significant investment in artificial intelligence (AI) infrastructure is maintaining global growth at approximately 3 percent, with notable advantages for several Asian nations, like Thailand, that contribute hardware components. According to Kristalina Georgieva, the IMF's managing director, this surge in AI investment functions as both a demand and investment shock, capable of boosting growth in advanced regional economies by half to one percentage point, and in emerging Asian economies by 0.2 to 0.8 percentage points.

Georgieva delivered these insights during the IMF and World Bank annual meetings in Bangkok, Thailand. She explained that this acceleration is the factor keeping the global economy growing at around 3 percent, despite the ongoing challenge posed by energy supply issues.