Mitsubishi UFJ Financial Group (MUFG) plans to hire bankers to arrange financing deals for data centers as Japan¡¯s biggest bank jumps on the artificial intelligence boom.
MUFG sees strong opportunities to match demand to fund the AI buildup with investor appetite for higher-yielding private assets, according to global corporate and investment banking head Fumitaka Nakahama.
Companies are likely to persist with AI-driven capital spending along with investments in other areas such as energy infrastructure, even as geopolitical risks cloud the economic outlook, according to Nakahama.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.