The recent rise of artificial intelligence (AI) has led to a number of quite useful applications, such as helping doctors diagnose diseases and scientists crunch large sets of numbers. So, how does the ECB use this rapidly developing technology? As part of our core work we analyse vast amounts of data. This is the basis for good decisions that contribute to keeping prices stable in the euro area and ensure the safety and soundness of the European banking system. AI offers new ways for us to collect, clean, analyse and interpret this wealth of available data, so that the insights can feed into the work of areas like ... (full story)