The Globe and Mail reports in its Monday edition that a surge of capital is flowing into artificial intelligence, offering both potential rewards and new risks for investors. The Globe's Rita Silvan writes that a Goldman Sachs study projects that United States companies will invest $7.6-trillion (U.S.) in AI infrastructure by 2031. However, this trend has led to many companies rebranding themselves as AI firms, raising concerns about "AI washing." A recent analysis from The Financial Times reveals that many firms across various sectors, including gold mining and cancer treatment, have rebranded as AI companies since 2023. While this initially boosted their valuations by $8.7-billion (U.S.), many are now valued lower than before the rebranding. CI Global Asset Management's Peter Hofstra says: "A lot of the chatter around AI use is very real, but it can get exaggerated, especially when someone's trying to achieve a certain outcome, whether that's a higher stock price or to support a capital raise. ... AI washing is classic capitalism, in which everyone wants to jump on the train and go for a ride. It's essentially a marketing tool." He says you can quickly tell if someone is genuinely innovative or just riding the trend.