IMF Managing Director Kristalina Georgieva said the artificial intelligence investment boom is spreading beyond the United States and becoming a broader driver of global economic growth, helping offse…
Artificial intelligence may not curb inflation, according to research co-authored by International Monetary Fund chief economist Silvana Tenreyro and published on the Bank of England's Bank Undergroun…
Moody's raised South Korea's 2026 GDP growth forecast to 3.5% from 2.5%, citing an AI-driven memory chip boom expected to last into mid-2027. The ratings agency also projected 2.6% growth in 2027 and …
Meta CEO Mark Zuckerberg published a 6,500-word open letter titled "The Future is for Everyone," joining a trend of tech executives issuing manifestos to shape AI's direction, as the International Mon…
The World Bank reported on Tuesday (Aug 4) that artificial intelligence threatens only 4.5% of jobs in low-income and middle-income countries, compared to 14.2% in high-income countries, and could ena…
Visa announced on Monday it will acquire Israeli threat intelligence startup BioCatch for $2.4 billion in cash to strengthen its defenses against AI-driven fraud, which Visa claims costs the global ec…
Malaysia has become one of the world's four largest net exporters of AI-related hardware, alongside South Korea, Taiwan and Thailand, according to the International Monetary Fund, with data center inv…
The Bank for International Settlements warned on Tuesday that the artificial intelligence boom is blurring the economic signals central banks rely on to set interest rates, creating a dual shock to bo…
Nobel laureate Simon Johnson, a professor at MIT and former IMF chief economist, said AI will likely replace many workers with routine tasks, including white-collar jobs in information processing and …
Punjab has become the first Indian state to mandate Artificial Intelligence as a core subject across all government schools from Class 1 to Class 12, effective immediately, covering over 25,000 school…
Singapore's Infocomm Media Development Authority (IMDA) Open Innovation Platform (OIP) helps firms identify challenges, evaluate solutions and assess outcomes before deploying AI, as part of the gover…
The AI bubble is no ordinary bubble, according to The Atlantic's Annie Lowrey, who cites Sam Altman and the International Monetary Fund warning that it poses a significant risk to financial stability.…
A Nikkei study reveals hidden debt at U.S. tech giants swelled eightfold in four years to an estimated $1.65 trillion as artificial intelligence investments ballooned, exceeding the roughly $1.35 tril…
A new analysis warns that artificial intelligence could significantly shrink income tax revenue, threatening government budgets and economic stability, according to researchers at the University of Ox…
China's exports jumped 27% in June from a year earlier, driven partly by the AI boom, the customs agency said Tuesday. Imports surged 36%, with analysts attributing the rise in part to the Iran war dr…
South Korea's government raised its 2026 real GDP growth forecast to 3 percent from 2 percent, citing robust semiconductor exports driven by strong global demand for AI chips. The Ministry of Finance …
Global investment in artificial intelligence surged past $90 billion in early 2024, with projections continuing upward despite widespread uncertainty about economic returns, labor impacts, and social …
The International Monetary Fund warns that the artificial intelligence boom will create unequal economic outcomes, benefiting only economies tied to AI supply chains while leaving much of the world fa…
IMF Managing Director Kristalina Georgieva revealed at Davos that the fund's translator count dropped from 200 to 50 due to AI, citing it as evidence of broader job transformation. A 2024 Society of A…
The International Monetary Fund cut its 2026 global growth forecast to 3%, citing the energy shock from the US-Israel war on Iran, though AI-driven demand partly offset the slowdown. The IMF warned of…