AI pace of change catches some off guard, but 'high returns bring high risks'

From ‘future theme’ to investment reality

Jen Frost
clock • 10 min read

The artificial intelligence investment landscape has developed at pace in 2026 so far. PA editor Jen Frost speaks to investment managers for their key takeaways on volatility, bubble talk and rapid use case developments.

AI has continued to be a dominant theme in 2026, as global investment in the evolving technology ramps up. Global AI spending could hit $2.59trn (£1.89trn) this year alone, Gartner has predicted, which would represent a 47% increase year-over-year. AI is making its mark – and has surprised some managers with the pace of adoption and beneficial use cases –but it has not all been plain sailing for AI in markets, with late June and July's tech selloff acting as a warning shot for investors. Volatility has been experienced into August. While investment management professionals acknowle...

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