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ECONOMIC BENEFITS OF AI
US Market: Musk backs Tesla-SpaceX merger idea, envisioning a $3.5 trillion giantElon Musk backs the idea of a Tesla-SpaceX merger that could create a technology conglomerate valued at around $3.5 trillion. The combinati...- AI needs $760 billion in annual profit to justify $7 trillion infra investment by 2030: McKinseyWhile new AI businesses, products and services will contribute to returns, a significant share of the value will need to come from companie...
- Beijing blasts US sanctions on 5 Chinese firms tied to ex-Google engineerThe Trump administration's recent sanctions on five Chinese companies have drawn firm opposition from Beijing, with ties to Linwei Ding, wh...
- Ahead of massive IPOs, AI companies are sketching plans to share their wealthOn Sunday, Anthropic said it would commit 5% of its shares to the Anthropic Public Benefit Fund, a new entity within the company, pending a...
- US stocks today: S&P 500, Nasdaq climb as AI-linked stocks recover ahead of earningsUS stocks saw a significant recovery as semiconductor shares attracted investor attention following steep declines. The Nasdaq 100 and S&P ...
- The cost of AI adoption: can businesses turn investments into returns?Indian businesses are increasing their AI budgets, but turning early results into sustainable returns requires more than buying new tools. ...
- Easy exits hurting Indian stocks: Nirmala Sitharaman explains why equities are underperformingFinance Minister Nirmala Sitharaman says easy liquidity is allowing investors to exit Indian equities as the Nifty and Sensex struggle to d...
- Jefferies’ Chris Wood says it’s time to diversify beyond AI. Where should investors look now?Jefferies’ Chris Wood is urging investors to diversify beyond AI as earnings growth for global AI stocks is expected to slow sharply and va...
- AI rapidly improving, could vastly boost US GDP: Anthropic's Clark tells policymakersClark, speaking at IMF and World Bank annual meetings in Bangkok, said that international cooperation was needed to erect "unusual and seri...
- IMF chief says AI risks may exceed opportunities without safeguards and ethical frameworkThe risks of artificial intelligence may exceed its opportunities if no adequate safeguards and ethical framework are put in place, IMF chi...
- AI cost savings may be offset by rising verification expenses: Deutsche BankThe report, titled "AI boom or doom: what will superintelligence feel like and when will we get there?", said that while AI has made it che...
- US midterms 2026: Why AI data centres, power bills and water use are becoming local election issuesThe 2026 US midterm elections are on the horizon and data centers for artificial intelligence are becoming a big issue Voters are worried a...
- Artificial intelligence may create more jobs than it replaces in India: Piyush GoyalUnion Minister Piyush Goyal announced that artificial intelligence is poised to generate significant job opportunities for the youth of Ind...
- OpenAI flags AI adoption gap in Europe despite 8-fold surge in agent use among small businessesOpenAI has highlighted a widening opportunity for European businesses to turn growing artificial intelligence (AI) adoption into higher pro...
- India can catch up in AI by focusing on applicationsIndia faces significant threats in the global AI landscape as investments surge globally. While it has missed some initial chances, the nat...
- Tighter AI data rules could curb Germany's economic gains by €155 billion a year, study findsThe findings come as European policymakers and technology companies grapple with how to manage the risks posed by AI without slowing innova...
- Global Market: AI trade faces biggest test yet as chip stocks tumble across AsiaAsian AI stocks tumbled as rising bond yields, higher financing costs, and concerns over excessive infrastructure spending weakened investo...
- IMF raises 2026 global growth forecast to 3.1%, warns of rising risks from war and debtThe IMF projects global growth of 3.1% in 2026, supported by AI infrastructure investment, but warns that prolonged Middle East conflict, e...
- Productivity gains from AI could help offset Asia's ageing population problem, IMF saysArtificial intelligence stands as a promising solution to counterbalance the issues arising from decreasing workforces across Asia. The Int...
- AI investment boosts growth prospects for Asian economies: IMFIMF Managing Director Kristalina Georgieva said artificial intelligence infrastructure investment is supporting global growth at around 3%,...
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