KKR’s Raj Agrawal Warns of Froth in AI Investment Stampede

KKR & Co.’s Raj Agrawal said he’s among those concerned about excess exuberance in data centers and artificial intelligence and that the firm is being selective to mitigate risk.

By Allison McNeely · Bloomberg Markets

KKR & Co.’s Raj Agrawal said he’s among those concerned about excess exuberance in data centers and artificial intelligence and that the firm is being selective to mitigate risk.