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Latest News About Artificial intelligence surge boosts banks, prompts stricter data‑centre rules

Major banks including JPMorgan reported earnings that exceeded forecasts in the past week because trading activity rose with the artificial intelligence surge. Policymakers in Australia are at present advocating tighter electricity regulations for artificial intelligence hubs to limit soaring power bills. The construction sector is seeing worker shortfalls as projects multiply to meet the push for additional AI plants throughout Australia.