Why OpenAI just cut GPT-5.6 Sol developer prices by more than 20%
OpenAI is cutting developer prices for its frontier GPT-5.6 Sol model by more than 20% for the next…
Singapore revises its annual growth forecast sharply higher on AI-related boost
SINGAPORE, SINGAPORE – MAY 31: A view of Marina Bay Sands in Singapore on May 31, 2026. (Photo…
Warsh believes America’s $700B AI buildout will lower prices — but his colleagues warn it will fuel persistent inflation
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Warsh promises inflation will be a ‘thing of the past,’ cites benefits of AI investment boom
US Federal Reserve chairman Kevin Warsh speaks during a press conference in Washington, DC, on June 17, 2026.…
Microsoft to slash thousands of jobs as AI spending concerns fuel third major layoff round in a year: report
Microsoft is reportedly planning yet another round of layoffs that will slash thousands of roles next week in…
Cleveland Fed President Hammack sees AI fueling inflation, says rate hikes may be necessary
Cleveland Federal Reserve President Beth Hammack said Tuesday that “insatiable” demand for artificial intelligence infrastructure is fueling inflation.…
Debt, AI boom and economic fragilities raise global risks, BIS says
A Union flag flutters from a pole atop the Bank of England, in the City of London on…
CNBC Daily Open: AI protectionism opens new front for G7
Leaders pose ahead of a work meeting as part of the G7 summit, in Evian, eastern France, on…
Your AI is already setting prices. The real question is who sets the rules
At one fashion platform we studied, the Monday dashboard looked like a victory lap: margins up 8% in…
China May wholesale inflation hits near 4-year high on Iran war, AI costs; CPI misses
A customer shops for gold jewelry at a gold store in Hangzhou, Zhejiang Province, China, on June 3,…