Luis de Guindos, vice-president of the European Central Financial institution, discusses the outlook for euro zone inflation and why there is no predetermined route for monetary policy.
Coming months would not be simple for euro zone inflation, ECB’s Luis de Guindos states
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Inside the Gulf’s trillion-dollar AI gamble
With energy and cash to spare, the Middle East’s wealthy Gulf states are attempting to position themselves as the next global AI hub. Source
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Dow drops 400 points as AI stocks resume their decline, Nasdaq falls 1.9%: Live updates
A trader works on the floor of the New York Stock Exchange. NYSE U.S. stocks retreated on Thursday as names in the artificial intelligence trade came under pressure yet again amid worries around eye-watering valuations. The Dow Jones Industrial Average slipped 455 points, or 1%. The S&P 500 traded down by 1.2%, while the Nasdaq […]
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Alibaba-backed Moonshot releases its second AI update in four months as China’s AI race heats up
Alibaba-backed Chinese startup Moonshot has launched one of the more popular generative AI chatbots called Kimi. Sopa Images | Lightrocket | Getty Images Chinese startup Moonshot on Thursday released its latest generative artificial intelligence model which claims to beat OpenAI’s ChatGPT in “agentic” capabilities — or understanding what a user wants without explicit step-by-step instructions. […]
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