News Summary

• IMF chief Kristalina Georgieva said spending on AI infrastructure is helping the world economy grow by about 3% each year.
• She made these comments in Bangkok at the start of the IMF and World Bank annual meetings.
• She estimated that advanced Asian economies could see growth increase by 0.5 to 1 percentage point, while emerging Asian economies might gain 0.2 to 0.8 points.
• AI hardware and related tech products now account for more than a tenth of global trade in goods.