HSBC, General Atlantic CEOs flag AI capex-revenue mismatch, 'irrational exuberance'

Nov 4, 2025 - 08:00
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HSBC, General Atlantic CEOs flag AI capex-revenue mismatch, 'irrational exuberance'
The computing power for AI is needed, but companies' revenue profile can't necessarily justify the spend needed, HSBC CEO Elhedery said.