The head of the world's largest bank said that artificial intelligence is a transformative technology worth deploying, but investors must be careful when investing in data centers. On Tuesday, HSBC Group CEO Georges Elhedery said in an interview that artificial intelligence “is the core driving force for reshaping and restructuring all of our businesses and all types of business activities.” “AI can greatly enhance employee productivity and put more initiative in the hands of our employees. It has disruptive potential, and HSBC is also actively promoting the implementation of AI,” he added. However, when it comes to investing in infrastructure to support AI operations, he advises investors to maintain judgment and not blindly bet all of their assets. “There must be trade-offs,” Elhedery said. “We need to review the quality of tenant agreements and the level of contract pricing. Not all projects have sufficient contract qualifications, and some projects are riskier.”

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