Monica Defend of Amundi said that the market is completely obsessed with artificial intelligence during an interview published on July 3, 2026. The statement signals a warning about potential over‑allocation to AI‑related assets, which could lead to sector bubbles and divert capital from other productive areas. Monica Defend (Amundi), European asset‑management industry, market participants focused on AI. Asset managers may reassess AI exposure, regulators could monitor AI‑driven trading practices, and investment flows might shift toward a more balanced set of themes. Monica Defend, a senior figure at Europe’s largest asset manager Amundi, stated that the market is completely obsessed with artificial intelligence. The comment reflects growing concern that enthusiasm for AI may be crowding out attention from other sectors and risk factors. While AI-driven opportunities are real, the remark suggests a need for broader diversification and vigilance against hype‑induced volatility.
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