Keywords: Ai


AI boom emerges as a major force reshaping the global economy, Fed chair says

Artificial intelligence is emerging as one of the most significant forces transforming the US and global economies, according to Federal Reserve Chair Kevin Warsh. Speaking during the annual meetings of the International Monetary Fund and the World Bank in Bangkok, Warsh highlighted the technology’s......

Memory chip shortage pushes global smartphone shipments to their lowest level since 2012

The global smartphone market is facing mounting pressure from rising manufacturing costs and a shortage of memory chips, forcing manufacturers to reconsider shipment plans and raise device prices. The strain is weighing on consumer demand, particularly in the budget segment, where buyers are more sensitive......

IMF chief warns that AI risks could outweigh benefits without safeguards

International Monetary Fund (IMF) Managing Director Kristalina Georgieva has warned that artificial intelligence could pose greater risks than opportunities if governments and technology companies fail to establish appropriate safeguards and ethical principles. Speaking at the IMF and World Bank annual......

European Commission launches initiative to accelerate AI-powered scientific research

The European Commission has introduced a new initiative designed to expand the use of artificial intelligence in scientific research, aiming to accelerate discoveries, strengthen Europe’s innovation capacity and improve its competitiveness in advanced technologies. The programme, known as RAISE,......

Anthropic reports $16.8 billion in quarterly revenue ahead of potential IPO

US artificial intelligence company Anthropic reportedly generated $16.8 billion in revenue during the third quarter of 2026, marking an increase of approximately 45% from the previous quarter. The figures, reported by the Financial Times and Bloomberg, come as the developer of the Claude AI models prepares......

Google DeepMind Chief Warns Autonomous AI Could Cause Major Incidents by 2028

The rapid development of autonomous artificial intelligence systems is raising new safety concerns, with Google DeepMind chief Demis Hassabis warning that serious incidents could occur within the next one to two years unless companies and governments significantly strengthen their safeguards. Speaking......

Henna Virkkunen Urges AI Companies to Strengthen Testing and Human Oversight

The European Union has warned that intensifying global competition in artificial intelligence could be undermining efforts to ensure the safety and reliability of advanced AI systems, calling on developers to maintain effective control over their technologies as their capabilities continue to grow. Henna......

Global markets slide as AI stocks tumble and government bond yields fall

Global financial markets came under pressure on Thursday as shares linked to artificial intelligence (AI), particularly semiconductor manufacturers, suffered sharp losses. Asian exchanges recorded some of the steepest declines, while demand for government bonds increased, pushing borrowing yields lower......

Amina Bouayach calls for human rights to be central to AI governance

Amina Bouayach, president of Morocco’s National Human Rights Council (CNDH) and chair of the Global Alliance of National Human Rights Institutions (GANHRI), has called for human rights protections to be placed at the heart of artificial intelligence governance. Speaking at a high-level international......