Table of Contents

• Eurozone

• OpenAI

Top Stories Today

Economy & Finance

Eurozone

Eurozone inflation reached 2.3% in November, surpassing the European Central Bank's (ECB) 2% target, driven by higher energy prices. Core inflation, excluding volatile items, remained steady at 2.7%, with services inflation slightly easing. Markets expect the ECB to cut rates by 25 basis points in December, its fourth reduction this year, though speculation of a larger 50-basis-point cut has diminished due to improving growth prospects. Analysts highlight a mixed picture, with steady wage growth and low unemployment counterbalancing weak growth dynamics. The ECB’s upcoming decision will hinge on fresh economic projections and global factors, including potential trade policy shifts under the new U.S. administration.

Technology

OpenAI

Five Canadian media outlets have filed a lawsuit against OpenAI, alleging unauthorized use of their content to train its AI models without consent or compensation. The plaintiffs, including major names like CBC/Radio-Canada and The Globe and Mail, claim OpenAI misappropriated their intellectual property for commercial purposes. OpenAI, backed by Microsoft, asserts that its practices align with fair use principles and offers publishers the option to opt out. This case adds to growing legal challenges faced by AI firms over copyright concerns, as scrutiny around generative AI systems and their data sources intensifies.

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