Francesco Ceccato, CEO of Barclays Europe, emphasized the urgent need for substantial investment in AI infrastructure and energy, highlighting that no single entity can cover these costs. He discussed the collaboration between the US government and major tech firms, including OpenAI and Oracle, to invest billions in AI. Ceccato pointed out the increasing energy demands for AI applications and the necessity for Europe to reform its capital markets to support these investments. He also mentioned Barclays' commitment to sustainable finance and supporting clean tech innovations. Teljes cikk (Euronews.com)