The Reserve Bank of Australia raised its benchmark rate to 4.85% on rising technology costs from AI investment and higher energy prices.
Australia lifts rates to 18-year high as AI boom, energy costs fuel inflation
More in Energy
See all
TotalEnergies’ energy outlook projects warming as high as 2.8°C by 2100
Low-carbon investment is rising, but the transition is not moving fast enough to keep warming below 2°C, according to TotalEnergies’ Energy Outlook…
The Cryptonomist
15 hours ago
AI energy efficiency improved up to 100,000-fold, Altman estimates
OpenAI CEO Sam Altman says AI energy efficiency has improved so sharply that a query now uses between 1,000 and 100,000 times…
The Cryptonomist
17 hours ago
Abu Dhabi Signs Four Agreements With OpenAI as ADNOC Adopts GPT Technology
Abu Dhabi signed four agreements with OpenAI covering AI adoption in energy, government services, investment and enterprise solutions. ADNOC will deploy OpenAI’s…
TheNewsCrypto
18 hours ago
