Economy
The AI boom could trigger the next crash, central banks warn
The vast surge of investment in AI, which has powered global stock markets to record highs, risks ending in a financial bust, the Bank for International Settlements warns, as the build-up’s hidden costs begin to surface in company accounts and consumer prices alike.
Culture news
Peppa Pig controversy as Hasbro introduce AI clause for child actors
US entertainment giant Hasbro is reportedly asking child actors on the popular series Peppa Pig to sign over their voices to artificial intelligence under new contract terms. An open letter signed by 1,000 industry professionals condemns the AI contract clause and warns of matters of consent.
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Europe News
Kazakhstan's president talks about the future cooperation with the EU
Kazakh President Kassym-Jomart Tokayev is visiting Brussels. His goal: to deepen cooperation between the EU and Kazakhstan. The 73-year-old previously outlined what this might look like in an op-ed for Euronews. We have summarized the key points.
Markets
Investors look beyond the 'Magnificent 7' and embrace the 'FAB 10'
SpaceX's record-breaking market debut has pushed Wall Street to widen its favourite shorthand of the so-called 'Magnificent 7', with strategists folding Elon Musk's firm, OpenAI and Anthropic into a new 'FAB 10' label that captures the next phase of the AI trade.
Business
Nvidia raises €21.5bn in first bond sale since 2021 on AI demand
Nvidia has returned to the corporate debt market for the first time in five years, pricing a $25 billion (€21.5bn) bond sale that drew roughly $85 billion (€73.2bn) in orders, a sign of investors' strong appetite for exposure to AI.
