World Business
IMF: Global Growth at 3% as War Weighs, AI Lifts Outlook
The International Monetary Fund projects a sluggish 3% global economic expansion for 2026, a downgrade driven by the Iran war's energy shock,...
#artificial intelligence 82 articles
Investing
Thrive Holdings Secures $2 Billion for AI-Driven Services Firm Acquisitions
Thrive Holdings has raised $2 billion from major AI investors to acquire and transform traditional services businesses using artificial intelligence.
World Business
Trump AI Export Ban Exposes Europe’s Tech Vulnerability
A potential US ban on AI exports under Trump could leave Europe heavily reliant on Silicon Valley, raising concerns about technological sovereignty.
Finance
Starling Bank Cuts 130 Roles, Citing AI Integration and Restructuring
Starling Bank plans to cut approximately 130 jobs, about 3% of its workforce, as it automates roles and restructures operations, citing increased...
Investing
Google Cloud, FactSet Partner to Launch AI Agents for Financial Markets
Google Cloud and FactSet announced a partnership to develop AI agents for financial markets, focusing on portfolio operations, deal advisory, and corporate...
World Business
Anthropic Regains Export Access for Fable 5, Mythos 5 AI
The US government has lifted export controls on Anthropic's advanced AI tools, Fable 5 and Mythos 5, weeks after their suspension over...
Stocks
AI Agents Chase Billions in Stolen Funds After Instant Transfers
As instant payments accelerate fraud, financial institutions are deploying advanced AI to trace stolen funds post-clearance. New agentic AI systems and cross-border...
Stocks
SpaceX IPO: Record $1.8 Trillion Valuation Meets Profitability Doubts
Elon Musk's SpaceX made a historic stock-market debut, raising $75 billion and achieving a $1.8 trillion valuation, yet faces significant financial risks...
Finance
BIS Flags AI Spending Risks, Citing Opaque Financing
The Bank for International Settlements warns current AI optimism and capital expenditure may be unsustainable, citing supply bottlenecks, over-investment, and opaque 'circular...