AI Agent Company Decagon Has Held Early M&A Talks and Hired a Banker - Business Insider

Bank of Japan deputy governor Shinichi Uchida said AI is now a key topic of discussion for policymakers. The artificial intelligence boom may be changing more than just stock prices. AI could alter where interest rates ultimately settle by boosting demand, lifting productivity, and increasing capital investment, Bank of Japan Deputy Governor Shinichi Uchida said Monday. "First, it is a big positive demand shock, which has put upward pressure on the economy and prices. Second, it could affect the supply side, perhaps positively by raising productivity and enhancing capital stock accumulations," Uchida said in a speech in Tokyo. He added that the developments could affect r-star, or the neutral rate of interest, which is the level that neither stimulates nor restrains the economy. If AI raises that underlying rate, it could mean central banks ultimately need to keep policy rates higher than investors previously expected to keep inflation in check without unnecessarily slowing economic activity.

AtlanticNova ScotiaNew BrunswickPrince Edward Island Newfoundland and LabradorCalgaryLethbridgeKitchenerGuelphNorthern OntarioSudburyNorth BaySault Ste. MarieTimminsOttawaKingstonBrockvillePembrokeReginaYorktonSaskatoonPrince AlbertTorontoWatchWeatherPeelHamiltonDurhamYorkHaltonNiagaraQueen's ParkToronto City HallIn PicturesVancouverVancouver IslandCanadaLocal SpotlightRoyal FamilyPoliticsNanosPower PlayQuestion PeriodFederal Election 2025WorldMideast ConflictRussia-Ukraine WarWatchLatestCaptured on CameraPoliticsLifestyleConsumerHealthExplainedEntertainmentTechnologyDeception DecodedAutosEnvironmentBusinessInflationReal EstateAutos

A group of Nova Scotians gathered on the waterfront in Halifax on Saturday with a message for Premier Tim Houston: allowing the construction of a large data centre will be detrimental to the environment and the community. “These companies don’t have a lot of information that they’re able to give us, we don’t know what this is gonna look like, we already have wells that are drying up in the summertime. I don’t think we can afford to do this,” Megan Boudreau, one of the protest organizers, told Global News. Energy and infrastructure company, EverWind, announced on Friday $10 billion in private investment in a data centre campus at its existing Point Tupper site. The site would be leased and run by AI development company Anthropic, the creator of the AI assistant Claude. “Canadians are using Claude in growing numbers, and we want our infrastructure to be closer to the people who rely on it,” said Jacob Glick, head of Canada Public Policy with Anthropic. Story continues below advertisement