The International Monetary Fund projects in a background note prepared for the informal meeting of EU finance ministers on September 18-19 that artificial intelligence could raise European productivit…
The International Monetary Fund told EU finance ministers at their September 18-19 informal meeting in Dublin that artificial intelligence could deliver roughly 1% in productivity gains over the next …
A developer who built AI-driven market analysis tools combining technical indicators, sentiment, news and external data feeds reports that none produced a consistent enough signal to trust with real m…
Outgoing U.N. Secretary-General António Guterres told The Associated Press in an interview four days before the annual U.N. General Assembly that the world faces at least three existential problems — …
Thailand's Energy Policy and Planning Office forecasts electricity consumption will rise 5.3 percent in 2026, the fastest growth in nine years, driven by electronics manufacturing and data centre inve…
Financial Stability Board chair Andrew Bailey told G20 finance ministers on September 1 that frontier AI models pose the single most pressing threat to global financial stability, warning that they co…
Meta's plan to replace human staff with artificial intelligence has collapsed under operational reality, according to an investigation, forcing a retreat from automation goals. The report highlights g…
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…