Meta partners with Blue Owl Capital on $27 billion AI data center project
Meta on Tuesday said it formed a $27-billion joint venture agreement with Blue Owl Capital to fund and develop the Hyperion data center in rural Louisiana.
Jim Cramer says strong earnings from ‘actual businesses’ are driving the ‘real economy’
Jim Cramer said positive earnings from non-AI related companies are driving the “real economy”
Barclays ups guidance, announces surprise $670 million share buyback
Barclays CEO said he looked forward to “sharing updated targets to 2028” alongside the bank’s full-year earnings.
Fund managers say an AI bubble is now the biggest risk to their portfolios — but it’s not enough to stop them betting on stocks
Major institutions and influential figures are increasingly issuing warnings about soaring valuations.
UK inflation holds steady at 3.8% in September, cooler than expected
The Bank of England had forecast earlier this year that the consumer price index would peak at 4% (double the central bank’s target) in September.
Over 800 public figures, including Apple co-founder Steve Wozniak and Virgin’s Richard Branson urge AI ‘superintelligence’ ban
A group of prominent figures, including artificial intelligence heavyweights, have called for an end to efforts to create ‘superintelligence.’
India to reduce Russian oil purchases, U.S. to slash tariffs as they reportedly near a trade deal
The India-U.S. trade talks collapsed earlier this year with New Delhi not agreeing to widen market access into its vast agricultural and dairy sectors.
Netflix ‘all in’ on leveraging AI as the tech creeps into entertainment industry
Netflix is “all in” on leveraging generative artificial intelligence on its streaming platform, the company said.
Samsung and Google attempt to one-up Apple with AI-powered headset
Samsung and Google see the Galaxy XR as a stepping stone to AI glasses they plan to launch in the future.
Japan exports in September rebound after four straight months of declines, but miss estimates
Japanese exports in September snapped four months of declines, climbing 4.2% year on year, as shipments to Asia saw robust growth.