European Central Bank's Lagarde highlights AI's role in capital markets

Kurier

nachrichten.at

View article

Reposted by

nachrichten.at

Lean Right

Factuality

Ownership

The ECB President warned of technological backwardness in Vienna.

vienna.at

Factuality

Ownership

ECB President Christine Lagarde and Federal President Alexander Van der Bellen called for the rapid expansion of the EU Capital Market Union in Vienna on Monday. Lack of funding endangers Europe's technological sovereignty in the field of artificial intelligence (AI), Lagarde warned at the "Hofburg in Dialogue" event. Van der Bellen stressed that private investment is crucial in the face of scarce public finances.

Askanews

Factuality

Ownership

Rome, 14 Sep. (askanews) . Just as the US giants of artificial intelligence talk about slowing down its development due to the risks of this segment, the President of the ECB, Christine Lagarde argues that the authorities of the European Union must speed up on the sector and "canalize" the savings of citizens towards the "IA," in order to create large-scale investments [...]