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News 2026-10-16 13:27 UTC

Central bankers eye higher rates as AI boom fuels scramble for cash

AI spending lifts demand before supply Governments and firms compete for capital Heady tech stocks seen as vulnerable Euro zone pays price for AI, misses benefits By Francesco Canepa, Leika Kihara and Rae Wee BANGKOK, Oct 16 (Reuters) — The artificial intelligence boom is setting off a global race for money, forcing ce