Bank of England governor warns AI boom could trigger market shocks

Andrew Bailey said the Bank of England is watching AI investment closely and that asset prices could correct at some point. Nvidia is valued at $5.5tn, while Anthropic and OpenAI prepare stock market listings. He also flagged cyber attacks and deepfakes as key risks.

• Bailey: "not everybody always wins" — asset prices could see a correction
• Nvidia is worth $5.5tn; Alphabet, Meta, Microsoft and Amazon spend hundreds of billions
• Anthropic and OpenAI are preparing share sales on the US stock market
• Risks include AI-driven cyber attacks and deepfakes, including fake images of Bailey