The International Monetary Fund (IMF) has issued a stark warning regarding the escalating threat of AI-powered cyberattacks to global financial stability. The IMF’s analysis indicates that severe cyber incidents could lead to funding difficulties, solvency issues, and widespread market disruptions due to the interconnected financial system and AI’s ability to exploit vulnerabilities rapidly.
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Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together
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