United Kingdom, Oct. 1 -- The Bank of England governor has warned the artificial intelligence investment boom could trigger shocks across financial markets, cautioning soaring valuations are based on expectations that cannot make every company a winner.

Andrew Bailey added the central bank was watching the vast sums pouring into AI "very carefully" as technology companies and investors commit hundreds of billions of dollars to the sector.

His warning comes as the Bank has stepped up scrutiny of stretched AI-related share valuations and the potential consequences for Britain if investor expectations suddenly change.

Asked by the BBC whether an AI bubble could burst, Andrew said: "You could see some correction of asset prices at some poi...