Central banks to assess AI’s impact on inflation, policy shifts possible

Google, the New York Jobs CEO Council and Urban Assembly hosted an AI summit for 150 education and industry leaders.

Economic resilience and AI-driven productivity may offset recession fears, but rising rates could challenge borrowing and spending dynamics. The post Bank of America CEO downplays recession fears, cites economic strength and AI-driven growth appeared first on Crypto Briefing.

Meta shares rose more than 10% as the company developed plans to sell AI models and computing capacity through a new cloud infrastructure business. The post Meta shares jump 10% on plans to sell AI computing power appeared first on Crypto Briefing.

Higher energy costs and inflation fears may prolong economic strain, impacting UK households and altering investor expectations significantly. The post Bank of England’s Andrew Bailey warns against early rate cuts as Iran war drives energy costs higher appeared first on Crypto Briefing.

The process of generating protein activity data (top) and reading the output and training AI models (bottom). Credit: Linqi Cheng/Rice University. By Rachel Leeson Protein engineering is a field primed for artificial intelligence research. Each protein is made up of amino acids; to optimize a protein function, researchers modify proteins by switching out one of […]

Rising eurozone rates could strain businesses and consumers, pressure equities, and dampen risk appetite, impacting global economic stability. The post European Central Bank’s Ulo Kaasik warns further rate hikes may be needed as Iran war fuels inflation appeared first on Crypto Briefing.

Persistent inflation pressures may lead to tighter monetary policy, impacting economic growth and financial markets in the Eurozone. The post ECB’s Kaasik suggests another rate hike likely amid 2026 inflation concerns appeared first on Crypto Briefing.

Leadership changes in Uber's AI division could disrupt its strategic growth, impacting its competitive edge in the data labeling market. The post Uber Technologies dismisses two leaders in its AI data labeling division appeared first on Crypto Briefing.