Wall Street ties AI skills to pay and promotions as banks weigh investment risks
As per a survey by Selby Jennings, nearly a quarter of financial...
Artificial Intelligence
HSBC accelerates its AI push as it eyes job cuts across British wealth business
HSBC plans to cut about half of management and specialist roles in...
Financing of historic AI buildout in US raises ‘systemic risks,’ says research
As per academician Stijn Van Nieuwerburgh, the cash buildout has transformed into...
Meta Connect 2026: Social media conglomerate launches AI gadget Charm
The AI device, about as small as an Apple AirPods case, also...
Despite AI boom, energy shock to weigh on 2027 global economic outlook, says OECD
As per the OECD, after 2025's 3.4% GDP growth, the global economy...
Increasing data centre footprint: Google picks Finland for its biggest Europe investment
The 13 billion expansion will add data centres, secure nuclear power and...
AI boom puts data centres at heart of USD 31.6 trillion investment supercycle
PwC says annual data centre capex could rise to USD 1.8 trillion...
Nvidia bets USD 13 billion on Hugging Face in push beyond AI chips
The acquisition gives Nvidia control of a major open-AI developer ecosystem as...
Major shift in Microsoft’s financial reporting as Azure finds mention for first time
Azure had USD 29.4 billion in sales in its most recently ended...
AI’s rapid advance threatens global financial stability, says key watchdog
FSB Chair Andrew Bailey said AI systems were acquiring sophisticated problem-solving abilities...