Aug 4 : Federal Reserve Bank of Kansas City President Jeff Schmid said on Tuesday the financial situation involved in building out the artificial intelligence sector bears watching."We have to correlate what's happening in AI, just from a pure scale standpoint, to some of the other experiences we've had that

Aug 4 : Federal Reserve Bank of Kansas City President Jeff Schmid said on Tuesday the financial situation involved in building out the artificial intelligence sector bears…

Kansas City Fed president Jeff Schmid says the sheer scale of AI investment now deserves scrutiny at a macro level, and raised whether the sector is becoming too big to fail.