Search results for Allianz
Crypto
Bitcoin falls as U.S. April PCE inflation dims rate-cut hopes
U.S. April personal consumption expenditures (PCE) inflation rose 3.8 percent from a year earlier, the highest since May 2023. Bitcoin weakened after the data, slipping to around $73,300 and down 2.89 percent over 24 hours to about $73,404. Core PCE rose 3.3 percent year-on-year, also matching forecasts. Markets focused on the likelihood of rates staying high longer, with CME FedWatch pricing a 98.9 percent chance of no change in June.
AI & Enterprise
Europe lacks cloud and AI chips, deepens reliance on U.S. and Asian infrastructure
Europe is overly reliant on the United States and Asia for core artificial intelligence infrastructure, raising the risk of long-term technological dependence, according to a report cited by Cryptopolitan. Allianz warned Europe could fall into a “dependency trap” in global AI trade as it shifts toward consumption rather than production. U.S. firms dominate Europe’s cloud market and hold major shares of software revenue and computing capacity, while Asia leads AI-related exports and manufacturing.
AI & Enterprise
U.S.-China coding AI clash as security industry M&A spreads
Coding remains the main battleground in generative AI in early 2026, with DeepSeek expected to highlight coding in its upcoming V4 model and Anthropic’s Claude Code gaining traction in Silicon Valley. Research cited in the article points to rising DeepSeek usage and ongoing security risks in AI-generated websites. Chinese AI firms post revenue gains, while major cybersecurity companies pursue acquisitions. OpenAI, Google, Microsoft, Apple and others roll out new AI products and partnerships, alongside developments in Korea’s AI initiatives.
