Artificial intelligence is gaining momentum across the global economy, fueled by rising investment in digital infrastructure, data centers and advanced computing technologies. Businesses in various sectors are increasingly integrating AI into their operations to enhance efficiency and develop innovative services.
In a statement on Wednesday, economists at the European Central Bank noted that AI-related investment and technology exports had contributed to supporting economic activity across the eurozone, alongside other factors such as energy diversification and government expenditure.
However, economists warned that this positive impact may weaken over time, stressing that sustained economic growth will depend on global demand, continued investment and the broader economic outlook.