A correction in AI-related stocks and debt could set off market turmoil, the International Monetary Fund said on Tuesday. It named the AI risk as one of three that could sharply tighten financial conditions. The other two are a sharp rise in government bond yields and cyber threats. The warning came in the IMF’s Global […]
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OpenAI is in early talks to raise at least $30bn at a valuation of around $1.4tn, before the new money. Bloomberg and The Information reported the talks on Tuesday. The…
IMF chief Kristalina Georgieva said on Monday that spending on AI infrastructure is helping the world economy grow by about 3% each year, even though energy prices are…
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