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TSMC Posts Record August Revenue as AI Chip Demand Drives 53% Surge
Taiwan Semiconductor Manufacturing Co. posted record monthly revenue in August as demand for chips powering artificial intelligence systems continued to surge, providing another indication...
Anthropic Predicts AI’s Economic Impact Through 2030 as OpenAI Strengthens AI Safety Governance
Artificial intelligence is moving from a technological experiment into an economic force capable of reshaping how countries grow, how companies operate and how workers...
China EV Penetration Seen Reaching 80% by 2030, Threatening Oil Demand
China's electric vehicle penetration rate could rise to as much as 80% by 2030, extending the country's rapid shift away from conventional vehicles and...
Mckinsey Warns AI Adoption Is Creating A New Enterprise Cost Problem, Uses Alerts to...
Consulting firms spent the past two years encouraging employees to use artificial intelligence across their daily work. Now, as AI consumption reaches enormous levels,...
Bank for International Settlements (BIS) Warns AI Investment Boom Could Create Financial Stability Risks
The rapid expansion of artificial intelligence investment is creating new risks for global financial stability as companies pour trillions of dollars into computing infrastructure,...