2026 AI Outlook
AI capabilities continue to advance at a rapid pace, with a small number of leading model providers driving most of the performance gains and setting the pace of innovation. At the same time, the economic foundations of this expansion are becoming more uneven, as massive infrastructure needs, rising energy constraints, and concentrated supplier dynamics reshape the risk profile of the ecosystem. These trends point to a phase of technological consolidation paired with widening uncertainties in financial, operational and policy outcomes.
Discussion topics:
- How will the advances of AI capabilities around a small number of global providers shape competition, adoption pathways, and dependencies?
- To what extent can firms across sectors translate rapid AI performance gains into measurable productivity and financial outcomes? And when and where will disparities in value capture widen?
- Are current levels of hyperscaler AI investment sustainable, and what are the risks of a potential valuation bubble?
Speakers
Vincent Gusdorf
Associate Managing Director, Digital Economy
Moody's Ratings
Raj Joshi
Senior Vice President, Corporate Finance
Moody's Ratings
Charleyne Biondi
VP - Senior Analyst, Digital Economy
Moody's Ratings
Confirm cancellation
An error occurred trying to play the stream. Please reload the page and try again.
CloseMoody's Events
close
Vincent Gusdorf is an Associate Managing Director in the DeFi and Digital Assets team (DFDA), leading Moody’s blockchain technology research. Before joining the DFDA team, Vincent worked for the Innovation and Data Science team, managing several machine learning projects and defining the innovation roadmap.
Vincent worked as a credit analyst for 16 years and covered investment grade and high-yield corporates. He also contributed to developing Moody’s cyber risk expertise in Europe. Before joining Moody’s, Vincent worked at Standard & Poor’s, Exane BNP Paribas, and Ernst and Young.
Vincent is a CFA charter holder and holds a Master of Finance from Sciences Po Paris and a Master of Law from Université Paris II Panthéon-Assas. He is a self-trained programmer and developed his blockchain and machine learning expertise by completing multiple online data science and cloud certifications. Vincent is also a Certified ScrumMaster and a PMI Agile Certified Practitioner (PMI-ACP).
Raj Joshi is a Senior Vice President on the Corporate Finance Team. He is the lead analyst responsible for a portfolio of enterprise software, hardware and technology-enabled services companies. Raj has covered a portfolio of technology and business services companies since 2010. From 2005 to 2010, he was part of the Telecommunications and Media team. Before joining Moody’s in 2005, Raj was an International Banker at Union Bank of California (now part of Mitsubishi UFJ Financial Group).
Raj has an MBA from Syracuse University and a Bachelor of Science from the University of Mumbai. Raj is a CFA charterholder and a member of the CFA Institute and the New York Society of Security Analysts, Inc.
Charleyne Biondi is a VP - Senior Analyst in the Digital Finance and Digital Assets team, leading the policy and regulatory research surrounding emerging technologies.
Before joining Moody’s Digital Economy team, Charleyne worked as a political science researcher at Columbia University in the City of New York and at the Center for Political Research at Sciences Po (CEVIPOF), focusing on the philosophy of technology and the societal implications of digital transformation.
Charleyne holds a dual Ph.D. in political theory from Columbia University and Sciences Po. She is a published author and pursues her research interests as a senior fellow and technology expert at the Montaigne Institute in Paris. Prior to her Ph.D., she worked as an analyst at J.P. Morgan Chase and graduated from a Master of Finance at Sciences Po Paris and Fundaçao Getulio Vargas in Sao Paulo, Brazil.