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Anthropic’s Jack Clark Says AI Could Lift US GDP to $44 Trillion by 2030
Artificial intelligence could dramatically reshape the United States economy over the next four years, potentially lifting gross domestic product to $44 trillion by 2030,...
Barclays Says CoreWeave’s Debt Troubles Do Not Signal a Wider AI Spending Crisis
Barclays has warned investors against interpreting CoreWeave’s mounting debt pressures as evidence that the broader artificial intelligence investment boom is approaching a breaking point,...
Reliance Worldwide Reaffirms Brookfield’s $2.53bn Takeover Support After No Rival Bid Emerges
Reliance Worldwide has reaffirmed its unanimous recommendation for shareholders to approve Brookfield’s proposed $2.53 billion acquisition of the Australian plumbing supplies manufacturer after no...
China’s Economic Growth Expected to Edge Up to 4.4% as Export Boom Masks Weak...
China’s economic growth is expected to have accelerated slightly in the third quarter, supported by resilient exports, demand for high-tech products and fresh government...
JPMorgan Launches JPM Coin on Ethereum as Wall Street Embraces Blockchain Payments
JPMorgan Chase has expanded its blockchain strategy by bringing JPM Coin, its US dollar-denominated deposit token, to the Ethereum network. The move extends the...