Economic Changes and Technological Innovations: Between Central Bank Decisions and the AI Revolution

The world is experiencing rapid economic and technological transformations,
influenced by central bank policies and leading innovations in artificial intelligence.

Contents

Japan
Canada
NVIDIA

Japan

Bank of Japan Keeps Interest Rates Unchanged Amid Global Economic Concerns
The Bank of Japan decided on Wednesday to keep interest rates unchanged,
reflecting policymakers’ caution in assessing the impact of global economic risks,
particularly the growing effects of U.S. tariffs on Japan’s recovering economy.
The decision aligned with market expectations, as the bank’s board unanimously voted to maintain the short-term interest rate at 0.5%.
This approach coincides with rising concerns about a global economic slowdown due to the trade policies of U.S. President Donald Trump,
which have cast a shadow over wage and inflation indicators,
despite Japan’s progress toward achieving the central bank’s 2% sustainable inflation target.

Canada

Canadian Inflation Surges in February, Exceeding Expectations, Raising Prospects for Further Monetary Tightening
Data from Statistics Canada released on Tuesday showed a sharp rise in inflation in February,
which may reinforce expectations that the Bank of Canada will maintain its tight monetary policy for a longer period.
According to the report, the Consumer Price Index (CPI) rose by 1.1% month-over-month,
significantly above expectations of 0.6%, following marginal growth of 0.1% in January.
On an annual basis, inflation accelerated to 2.6%, exceeding the forecast of 2.1% and surpassing January’s reading of 1.9%,
highlighting mounting inflationary pressures in the Canadian economy.
Core inflation, which excludes volatile items like food and energy, rose by 2.9% year-over-year,
above the expected 2.8% and January’s 2.7%, indicating a continued upward trend in prices across key sectors.

NVIDIA

NVIDIA Unveils Advanced AI Chips to Enhance Cloud Computing
On Tuesday, NVIDIA announced a new lineup of chips designed to develop and deploy artificial intelligence models,
alongside its latest product, described as a “next-generation chip.”
During the annual GTC Conference, CEO Jensen Huang introduced the Blackwell Ultra chip,
a series of advanced processors set to be shipped in the second half of this year.
He also revealed Vera Rubin, a next-generation processing unit scheduled for release in 2026,
which consists of the Vera CPU and the Rubin GPU.
According to the company, the Vera processor will be twice as fast as those currently used in Grace Blackwell chips,
and when paired with the Rubin GPU, it will outperform Blackwell chips in performance.
Huang stated that the world is witnessing an immense expansion in AI computing demands,
with advancements accelerating rapidly.
Investors and software developers eagerly anticipate the launch of these chips to assess their efficiency
and determine whether they will convince major cloud computing companies to continue investing billions in data centers powered by NVIDIA chips.
The conference is expected to attract 25,000 participants, with hundreds of companies,
including Waymo, Microsoft, and Ford, discussing how they are leveraging NVIDIA technologies to enhance artificial intelligence.

Economic Changes and Technological Innovations: Between Central Bank Decisions and the AI Revolution

Economic Changes and Technological Innovations: Between Central Bank Decisions and the AI Revolution

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