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Ares CEO Says It’s Avoiding Backing AI Chips, Citing Complexity

Ares Management Corp. is avoiding financing deals to back the high-powered processing units that run sophisticated AI models, opting to invest in the data centers that house them instead.

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BloombergLean L·1h ago
Ares CEO Says It’s Avoiding Backing AI Chips, Citing Complexity
Ares Management Corp. is avoiding financing deals to back the high-powered processing units that run sophisticated AI models, opting to invest in the data centers that house them instead.
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Ares CEO Says It’s Avoiding Backing AI Chips, Citing Complexity

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Ares CEO Says It’s Avoiding Backing AI Chips, Citing Complexity

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