The European Central Bank warned on Wednesday about a "bubble" in stocks related to artificial intelligence (AI), which could burst abruptly if investors' rosy expectations are not met.

The ECB saw a number of opportunities from the use of generative AI by banks and other financial institutions, such as superior processing of information, more efficient customer service and even ...

ECB cautions investors over potential AI 'price bubble' Nov. 20, 2024 9:12 AM ET AAPL , GOOG , AMZN , MSFT , NVDA , TSLA , META , GOOGL , PLTR By: Brandon Evans , SA News Editor 20 Comments Play ...

ECB’s Cipollone Says AI Can Help Central Banks, Needs Safeguards Gift this article. How easy or hard was ... “AI offers opportunities for innovation and efficiency gains, ...

The ECB also noted euro area governments - particularly Italy and France - would be borrowing at much higher interest rates over the coming decade, strengthening the need for prudent fiscal policies.