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Fed's Cook says AI demand 'broadening' to increase inflation

Fed's Cook says AI demand 'broadening' to increase inflation
Photo: The Hill Business · view original

Federal Reserve board of governors member Lisa Cook said Monday that rising demand for artificial intelligence is leading to “broadening” inflationary impacts, with implications for the entire economy. During a keynote speech at the Oakland Tech Week conference, Cook noted that prices for Al-rela...

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