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Patrick Chang

Patrick Chang

Chief Investment Officer (CIO) at CIMB Bank, leading the CIO office and providing advisory across CIMB Private & Preferred Banking in ASEAN.

Aug 27, 2026

3:48
[laughs]
3:48
But I think where we are thinking about in terms of the next phase of this investment is, it's whether or not all of these, uh, uh, hyperscalers, for example, who are building lots of, spending lots and lots of money...
3:59
By, by the way, they're spending, uh, close to about $700 billion this year and more next year, right? And that is all about the monetization of all of these investments to the adoption.
4:09
And what do we really mean by adoption? Adoption really means about, you know, how then do you apply all of these, uh, uh, uh, um, um, AI into, uh, uh, for example, the industrial sector or the hospitalization sector, or, for example, in robotics, for example.
4:24
I think this is still ongoing.
4:26
The other point to highlight is that, uh, people underestimate the fact that compute power obviously is increasing very, very rapidly.
4:32
You and I all use, uh, uh, you know, ChatGPT and so forth and, and all these AI tools, for example.

6 MINS LATER

10:26
Mm

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