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FrontRow · Oct 27, 2026

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World Bank President Ajay Banga said on Tuesday that capital remained available despite concerns of artificial intelligence sending interest rates higher. Banga said the World Bank mobilized $112 billion last year, around three times higher than the amount recorded three years prior. He said investors may be concerned about circular financing and the business model tied to AI. But Banga told CNBC that emerging markets are not running into the same hesitancy because the investments focus more on infrastructure like bridges and roads.

World Bank President Ajay Banga said on Tuesday that capital remained available despite concerns of artificial intelligence sending interest rates higher. Banga said the World Bank mobilized $112 billion last year, around three times higher than the amount recorded three years prior. He said investors may be concerned about circular financing and the business model tied to AI. But Banga told CNBC that emerging markets are not running into the same hesitancy because the investments focus more on infrastructure like bridges and roads.

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