AI Sucking the Oxygen Out of Other Areas: Margie Patel

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Investments in AI are diverting funds from other areas, but it's uncertain whether valuations are excessively high, according to Margie Patel, senior portfolio manager at Allspring.

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Market impact analysis based on neutral sentiment with 70% confidence.

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Neutral
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70%

Article Context

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Investments in AI are pulling money from other areas but it’s too soon to say if valuations are too high, according to Margie Patel, senior portfolio manager and head of capital allocation at Allspring. She joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)

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Original article published by Bloomberg on October 29, 2025.
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