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DATA CENTERS SPENDING
AI's race to transform the world before the money runs outCumulative spending globally on data centers alone could top $30 trillion by 2050, according to a projection by PwC, almost matching the va...- Amazon to invest $1 billion over five years in US data center communitiesIn a bold move, Amazon has pledged to pour more than $1 billion into the communities hosting its data centers, aiming to alleviate worries ...
- Temasek comfortable with current AI spending levels, executive saysSingapore's Temasek is not worried about the massive levels of spending from hyperscalers powering the AI buildout, its executive said on T...
- Meet world’s richest woman: Alice Walton got $33 billion richer without running Walmart, is building a $250 million tuition-free medical schoolAlice Walton, the world’s richest woman and Walmart heiress, saw her fortune rise by $33 billion in one year even though she does not run t...
- US Market: AI credit surge tests lenders as future revenues remain uncertainAI-related borrowing has surged substantially in low-rated U.S. firms this year, prompting investor scrutiny of financial assumptions. Lend...
- Trump says top tech firms have signed accord to 'self-police' AI developmentPresident Donald Trump and executives from top tech companies met to discuss the development of artificial intelligence. They signed a volu...
- Trump says top tech firms have signed accord to 'self-police' AI developmentTrump and House Speaker Mike Johnson met with leading executives from top tech firms that are spending hundreds of billions of dollars to b...
- Investing in major AI stocks at Wall Street? Factors to watch out before hitting Buy optionAI borrowing and investing continues. Hyperscalers have issued around $250 billion of debt this year, and that total is expected to rise sh...
- OpenAI takes on Meta with always-on Dots agent in enterprise AI pushOpenAI on Tuesday unveiled always-on agents called Dots that chase user goals across apps on their own, deepening its push into the lucrati...
- Oracle share price: ORCL stock jumps at NYSE, what is making it one of top turnover stocks in Software & IT Services sectorOracle stock: Oracle's move to protect itself against potential delays at a massive data center project developed by Blue Owl in New Mexico...
- Anthropic eyes $518 billion AI buildout; backed by 80% non-cancellable dealsThe AI startup said it plans to spend at least $111.1 billion with Google , $110 billion with Amazon and $31.4 billion with Microsoft under...
- Anthropic IPO: 5 points to know behind its $2 trillion bet, $42 billion loss and warning of existential AI risks to humanityAnthropic’s possible IPO: A draft of Anthropic’s S-1 filing leaked to Reuters provides the clearest look yet at the economics behind fronti...
- A Donald Trump campaign message has returned to Television, and taxpayers are now picking up the billThe 30-second video is strikingly similar to an ad used during Trump’s 2024 presidential campaign. In the narration, Trump vows to remove p...
- AI spending growth seen slowing sharply by 2028, marking shift towards software: Morgan StanleyMorgan Stanley expects the next 6-12 months to be a transition period, with opportunities broadening beyond semiconductor and infrastructur...
- Global Market: DayOne pushes ahead with potential November IPO amid data center scrutinyData center operator DayOne is preparing for a potential US IPO in November, targeting a valuation near $20 billion. The company plans to f...
- Data centre IPO hopefuls brave tougher market as investor scrutiny growsThe Singapore-based company develops and operates data centers for cloud and AI customers. It plans to make its filing with the US Securiti...
- US hiring appetite is healthy as economy powers aheadThe labor market in the US is poised for notable growth as nonfarm payrolls are anticipated to climb in September. Economists foresee the u...
- Why is Oracle’s debt suddenly flashing warning signs? Its 8% bond yield raises a bigger question about who will finance the trillion-dollar AI data-center boomBond investors are actively hedging against Oracle. The cost to insure the software company's debt reached a record high this week. Its 6.7...
- Data center IPO hopefuls brave tougher market as investor scrutiny growsData center operator DayOne is pushing ahead with its plans to go public as soon as November, according to three people familiar with the m...
- Oracle, Blue Owl project delay sends ripples through AI financingOracle's move to protect itself against potential delays at a massive data center project developed by Blue Owl in New Mexico sent a chill ...
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