AI, Economy & Finance News — 2026-09-24 (Thu) Morning News

AI and Economy Latest News

Overview

The OECD revised its global growth forecast for 2026 upward to 2.9% due to boosting AI demand, while the IMF warned that debt-dependent expansion of AI investment would increase the risk of stock market correction (NDTV Profit) (Yahoo Finance). Corporate capital investment continues to expand, but some investors are concerned about overheating (CNBC). Ahead of the Trump-Xi summit, AI security and trade policy regarding tariffs and semiconductors are in focus (NBC26) (Fox News).

Macroeconomic/growth trends

The OECD upwardly revised its global growth forecast for 2026 to 2.9% due to AI-driven demand expansion, while raising concerns about energy constraints for 2027 (NDTV Profit) (XTB.com). In Mexico, an estimate shows that AI factories could contribute to 5.2% of GDP (Mexico Business News). Morgan Stanley's Jonas mentioned the potential for "physical AI" to boost global GDP (Bloomberg). Federal Reserve Board Director Barr cited the expansion of AI-related investments, tariffs, and geopolitical risks, and pointed out rising inflation risks and the need for further monetary policy adjustments (Stocktwits).

Productivity trends

The IMF said AI could transform economic policy, but highlighted both opportunities and risks for workers, countries and businesses (Gulf News) (AICEP). On the other hand, there is also a skeptical tone towards the actual productivity improvement effect, with nippon.com discussing the ``AI and productivity trap'' from a financial perspective, and Countercurrents pointing out the ``illusion of AI productivity'' (nippon.com) (Countercurrents). Mistral's VP of Engineering said that AI productivity improvements cannot be achieved by models alone (BigGo Finance).

Trends in employment and labor market

It was reported that Oracle has laid off more than 2,500 people as AI-related investments expand (thestreet.com). Paychex announces revenue increase with new AI recruiting tools (Rochester Business Journal). There are also reports on how AI will impact entry-level jobs and changes in hiring (Wisconsin Law Journal), and in Texas, the Legislature is considering ways to develop the workforce in the age of AI (thetexan.news). At Yahoo Finance, Gary Cohn said, ``AI hasn't taken away jobs yet.'' (Yahoo Finance)

Trends in energy/power demand

It was reported that conversion to an 800V DC system is progressing in order to meet the increasing power demand of AI data centers (Environment+Energy Leader). In New Jersey, residents are rebelling against the rush to build AI data centers (New Jersey Monthly). Industry research shows that AI is being increasingly used to strengthen power grids (the Electrical Distributor magazine), and Bloomberg reported that waste heat from AI data centers is becoming a new challenge for cities (Bloomberg). Nvidia executives have argued that AI can contribute to climate action despite current emissions increases (The New York Times).

Remarks by central banks, international organizations, and VIPs

- IMF (managing director Kristalina Georgieva's institution) warns that a debt-driven AI investment boom risks triggering selling pressure on stock markets, highlighting the opportunities and risks AI poses for economic policy (Yahoo Finance) (Finimize) (Gulf News). There are no quotations in the headline that are direct statements from the person himself. - OECD (the organization to which Secretary General Mathias Cormann belongs): Revised the global growth outlook for 2026 upward to 2.9%, led by AI, and analyzed that AI investment will alleviate energy price shocks. Also expressed caution over energy constraints in 2027 (NDTV Profit) (XTB.com) (Inspenet). There are no direct quotes from the person in the headline. - FRB Director Barr: Citing expansion of AI capital investment, tariffs, and geopolitical risks, pointed out rising inflation risk and the need for further policy adjustments (Stocktwits). - No mention of Christine Lagarde, Kazuo Ueda, Andrew Bailey, Ajay Banga, Daron Acemoglu or Erik Brynjolfsson can be found in the list headings. Regarding Japan, the Bank of Japan's cautious policy stance was mentioned in the context of a report saying ``Japanese stocks are set to rise after the holidays,'' but Governor Ueda himself did not mention it (TBS NEWS DIG).

Trends in corporate capital investment

Alphabet raised $85 billion in funding and was cited as an example of a major tech company using debt to expand AI capital spending (Martin Cid Magazine). Wells Fargo's Ohsung Kwon said there are growing concerns about the AI capital investment cycle (CNBC). Citi is said to be strengthening its investment stance due to the acceleration of Alibaba's AI strategy (TradingView), and Meta's price target was raised to $900 due to AI momentum and revenue growth prospects (24/7 Wall St.). AI semiconductor related ETF “CHIP” has also been newly listed (Business Wire).

Trade and industrial policy

The Trump-Xi summit is scheduled to be held in Washington, and AI security will be one of the main topics on the agenda (NBC26) (Fox News). Jefferies said tariff relief in AI chips and rare earths is unlikely, but said lower tariffs could be the "most achievable outcome" of the talks (TradingView). There are also reports that support for introducing AI into school education and concerns about screen time are at odds within the Trump administration (Chalkbeat). Regarding Japan, there is an argument that the Japan-U.S. summit meeting provided a framework for technological competition with China and economic security through AI and semiconductor cooperation (Yahoo! News).

Integrated analysis: What is happening now

The OECD's upward revision to its growth outlook and the IMF's debt risk warning show that while AI investment is a short-term growth booster, it also carries financial vulnerabilities (NDTV Profit) (Yahoo Finance). That money is primarily going to large tech companies raising debt (like Alphabet's $85 billion raise) and increasing capital spending, and some investors, like Wells Fargo, are starting to worry about the AI capital spending cycle overheating (Martin Cid Magazine) (CNBC). This expansion in capital investment is facing physical constraints due to the rapidly increasing demand for electricity, and it has been reported that technological measures such as exhaust heat from data centers, strengthening of the power grid, and conversion to 800V, as well as opposition from residents, are being faced in parallel (Bloomberg) (New Jersey Monthly). In the labor market, while some companies are increasing investment and reducing employment at the same time, such as Oracle's layoffs, demand for new recruitment tools such as Paychex is also emerging, and the impact of AI on employment appears to be asymmetrical depending on industry and company. On the trade front, the Trump-Xi talks have linked AI security with semiconductor and tariff policies, and economic policy surrounding AI appears to be becoming an issue that integrates finance, industry, and security.

Future points of interest

- Will the Trump-Xi summit result in a concrete agreement on AI, semiconductors, and tariffs? - Whether the debt-dependent AI investment warned by the IMF will lead to stock market correction, whether there will be a follow-up report. - Consequences of power grid investment and local residents' opposition to increasing power demand from AI data centers.

AI and finance latest news

Overview

Meta's Muse AI agent shakes up banking, insurance and travel stocks as Nasdaq hits record high (BBC, CNBC). BlackRock has published multiple papers linking AI agents and stablecoins, and Jamie Dimon has stated that AI investment could reach $1 trillion in 2027 (Yahoo Finance). At the same time, the AI bubble theory and the movement to tighten regulations are running parallel (Investor's Business Daily, Bloomberg).

Bank trends

Bank of America plans to double its AI budget next year (Banking Dive). Goldman Sachs analyzes whether AI investments can further boost corporate profits in the S&P 500 (Goldman Sachs). Creatio has invested $300 million in the ``Bank.AI'' area, and an analysis has emerged that calls for full-fledged agent banking (The Futurum Group). Americas banking regulators have laid out a roadmap for AI supervision for examiners (PYMNTS.com). Another move related to the banking sector was reported that Meta's Muse's AI agent shook banking, insurance, and travel stocks (Los Angeles Times).

Insurance trends

Relation is working on recording expert knowledge for knowledge recall using AI (Insurance Business). YC alumnus insurtech Soteris has launched an AI revenue platform for P&C insurance companies (Beinsure). AI broker launches health insurance for small and medium-sized businesses (insurancenewsnet.com). Although the introduction of AI is progressing in the insurance industry as a whole, it has been pointed out that scaling is an issue (contxto.com). There was also an opinion that AI should not be treated as ``another object to be managed'' (Risk & Insurance).

Trends in asset management and market transactions

BlackRock has published multiple papers showing the potential for AI agents to pay for data and computational resources in stablecoins, positioning AI agents as the next driving force for stablecoin adoption (CoinDesk, Yahoo Finance, altcoinbuzz.io, ambcrypto.com). BlackRock has increased the weight of AI-related products in a review of its model portfolio (Bloomberg.com). Australian Corporate Affairs Authority (ASIC) sets new safeguards for AI trading (Bloomberg.com). Alibaba announced a new AI chip and indicated plans for a larger model (WSJ). CNBC reports that in response to the rise of Meta's Muse, traders are targeting specific securities company stocks as the "next target to hit." Nasdaq hits record high as AI stocks rise (BBC).

Fintech/payment trends

PayPal partners with Meta's Muse AI assistant (American Banker). An analysis has been published asking whether Mastercard's fee model is sustainable amid the expansion of agentic commerce (Yahoo Finance). An analysis of the ``limits of delegation'' that merchants require from agentic commerce was also reported (Payments Journal). ADA price predictions are reported to be higher due to expectations for AI payments (StreetInsider).

Remarks from key figures and authorities in the financial world

- Jamie Dimon (CEO of JPMorgan Chase): Says AI investment could reach $1 trillion by 2027. However, he warned that AI could add a "Little Bit" to inflation (equivalent to about 1% of GDP) (Yahoo Finance). - Ray Dalio: Warned of AI bubble (mentioned in Yahoo Finance's "Sozzi Unleashed"). - Gary Cohn: Comments on the state of AI regulation (mentioned in Yahoo Finance's "Sozzi Unleashed"). *There is no notable movement in the headline regarding individual statements regarding Larry Fink, Jane Fraser, David Solomon, Brian Moynihan, Ted Pick, Ken Griffin, and Paul Atkins (there is a strategy announcement by BlackRock, but there is no mention of Larry Fink's individual statements).

Trends in AI-related stocks and funding

An analytical article was published (Investor's Business Daily) stating that the AI bubble theory is that ``funds will run out.'' AMD joins the $1 trillion company club as chip and AI stocks rise (Barchart.com). Basecamp raises $140M in Series C and announces AI pipeline of 6 programs (Endpoints News). Physical AI startup Xirang Kaiwu raises seed funding at $500M valuation (app.dealroom.co). An analysis by CryptoRank found that the weight of AI-related stocks in the S&P 500 is greater than investors realize.

Trends in financial regulation and supervision

Lessons from the financial crisis show that self-regulation of AI should not be a substitute for broader regulatory frameworks (The Roosevelt Institute). The UK's FCA says AI and tokenization need to scale "faster" (Law360). EU financial regulators plan to prioritize supervision of AI and tokenization from 2027 (finance.biggo.com). Australia's corporate regulator sets new safeguards for AI trading (Bloomberg.com). Americas banking regulators present AI oversight roadmap to examiners (PYMNTS.com). In the fintech field, there has been an argument that AI regulations should be rooted in human rights (International Bar Association).

Integrated analysis: What is happening now

On the market side, as shown by Meta's Muse and Nasdaq's record highs, AI-related expectations are moving the stock prices of banks, insurance, and securities companies in the short term, and CNBC's report suggests that existing financial stocks are starting to be seen as targets for "disruption" by the rise of AI agents. On the asset management side, BlackRock is proposing a new fund circulation structure of AI agents x stable coins (AI agents pay for data and computational resources in stable coins), and if this becomes a reality, there is a possibility that it will connect to the payment and fintech fields (PayPal x Muse, Mastercard's agentic commerce support). Banking and insurance companies share the same pattern of ``investment is progressing, but implementation is difficult'' with expanding AI budgets (Bank of America) and challenges of scaling (insurance industry). On the regulatory front, the FCA, EU, ASIC, and American banking supervisory authorities are moving almost simultaneously to "strengthen the framework for AI supervision," and the EU in particular has indicated a specific date of 2027, indicating that regulators are trying to get ahead of the market frenzy. On the other hand, Jamie Dimon's remarks about AI inflation concerns and the "AI bubble" theory (Investor's Business Daily, Ray Dalio) indicate that there is a deep-rooted sense of caution among important people and experts even as funding continues (raised at high valuations such as Basecamp and Xirang Kaiwu).

Future points of interest

- It is necessary to determine to what extent agentic AI such as Meta's Muse will have an impact on the actual performance of stocks of banks, insurance companies, and securities companies, and whether stock price fluctuations reflect the actual situation. - How will the AI agent x stablecoin structure proposed by BlackRock materialize in actual fund flows for payment and asset management? - How the strengthening of AI supervision by national authorities such as the FCA, EU, and ASIC will be institutionalized toward 2027, and the future of international consistency in regulations.