StateScoop10/30 19:37 UTC
Center for Civic Futures awards grant to Nava Labs to help modernize state benefits technology with AI
The Center for Civic Futures has awarded Nava Labs a grant. The grant is meant to help modernize state benefits technology with artificial intelligence tools.
Read the original →TradingView10/30 21:31 UTC
Midterm US elections, earnings, jobs data loom for AI-wary stock market
US midterm elections, a heavy slate of corporate earnings and the monthly jobs report will further test stock investors next week. This follows a series of setbacks for the market-leading AI trade. The latest AI turbulence stemmed from disappointing quarterly results of Alphabet.
Read the original →Business Today10/31 15:36 UTC
US AI boom raises crowding-out fears: Why Wall Street is worried about debt, borrowing costs
The AI infrastructure boom in the US is raising concerns that Big Tech companies could crowd out other businesses in capital markets. As AI investment absorbs a growing share of economic resources, higher borrowing costs and wider credit spreads could make financing more expensive for companies outside the technology sector.
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