Microsoft Will Invest 17 Billion in Ai and Cloud Infrastructure in Indonesia
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Google to invest $2 billion in Malaysian data center and cloud hub
Google plans to invest $2 billion in Malaysia, developing its first data center and a Google Cloud hub in the latest big foray by a U.S. tech giant in the Southeast Asian countryABC News - Tech - Google -
Alphabet's Google said it would invest $2 billion to establish a data center in Malaysia to power new cloud services.
Alphabet’s Google said it would invest $2 billion to establish a data center in Malaysia to power new cloud services.The Wall Street Journal - World - Google -
Google Plans $2 Billion for Malaysia Data Center, Cloud Services
The investment by Alphabet’s Google is the latest in a string of multibillion-dollar plans by Western tech giants to meet growing computing needs in Southeast Asia.The Wall Street Journal - Tech - Google -
Shares of Dell fall 18% as AI servers are sold at 'near-zero margins'
Dell's stock tumbled Friday, despite a beat on top and bottom lines on Thursday.CNBC - Business -
A top secret meeting is kicking off in Madrid with the CEOs of Google DeepMind, Anthropic and Microsoft AI in attendance
AI will once again dominate discussions at the secretive annual Bilderberg Meeting, which kicks off in Madrid, Spain on Thursday.CNBC - Business - Google -
Dutch Indonesia Went Down With the Ship
Samuel Eliot Morison’s account of this naval action remains the best.The Wall Street Journal - World - Netherlands -
Microsoft Recall Alternatives That Remember Everything on Your Screen: Windrecorder, Rewind
These utilities for Windows 11 and macOS record all your desktop actions, giving you a searchable log. The apps work similarly to the still-in-preview Microsoft Recall, but they're available now.Wired - Tech - Microsoft -
Microsoft CEO Satya Nadella Resigns From Starbucks Board
Starbucks said that Microsoft Chief Executive Satya Nadella had resigned from its board of directors after seven years in the role.The Wall Street Journal - World - Microsoft -
Radio operator Marie Scott provided a link to D-Day beaches at age 17
Marie Scott experienced British forces landing on the Normandy coast through her earphonesABC News - World -
3 smart gold investing moves to make for June
Are you interested in investing in gold this June? Here are three smart moves to make.CBS News - Top stories -
Gem Capital invests $5M IN Weappy, VEA Games and Game Garden
GEM Capital announced today today that it has invested a combined $5 million into three game development studios.VentureBeat - Tech -
Corporations invested in carbon offsets that were ‘likely junk’, analysis says
Analysis of the carbon offset projects used by top corporations including Delta, Gucci and ExxonMobil raises concerns around their emission cuts claims. Some of the world’s most profitable – and most polluting corporations – have invested in ...The Guardian - World -
Investing in Space: The China factor in the U.S. space station race to replace the ISS
The U.S. is in the throes of sorting out what to do when the ISS comes back to Earth.CNBC - Business - China -
Saudi fund invests in China effort to create rival to OpenAI
Aramco’s Prosperity7 takes part in investment round for start-up Zhipu AIFinancial Times - Business - China -
VHS tapes, whiskey and comic books are emerging as an investment strategy. Here’s why.
The collectibles market is evolving in ways that make it easier and more transparent to invest in.MarketWatch - Business -
Everton faces uncertain future after proposed sale to investment firm 777 Partners falls through
Miami-based private investment firm 777 Partners has failed to conclude a deal for the purchase of EvertonABC News - Sports -
Architects prepare for hurricanes, storms: "Invest now or pay later"
The 2024 Atlantic hurricane season is forecast to have up to 25 named storms, with up to seven turning into major hurricanes.CBS News - Top stories -
Brookfield in Talks for $6.59 Billion Deal for France's Neoen
Brookfield Asset Management is in talks to acquire France’s Neoen in a deal that values the renewable-power producer’s equity at $6.59 billion.The Wall Street Journal - Business -
The WIRED AI Elections Project
More than 60 countries are holding elections in 2024. Throughout the year, WIRED will be tracking every instance of AI’s use in and around those campaigns.Wired - Tech - Artificial Intelligence -
It's the AI Election Year
With over 60 countries holding elections in 2024, deepfakes and robocalls are being used to manipulate voters across the world. WIRED is tracking every instance of AI interference during this critical election year.Wired - Tech - Artificial Intelligence -
The AI lobbying boom
Friday, May 31, 2024 LEADING THE DAY The booming business of AI lobbying Image © Greg Nash It’s not your imagination: The number of lobbyists who have gotten in on the artificial intelligence (AI) business really is booming. A new report from the ...The Hill - Politics -
Argentina’s 'anarcho capitalist' Milei meets with Sam Altman, Tim Cook and Sundar Pichai in a bid to spur investment
Analysts say Milei's Silicon Valley tour is likely designed to position Argentina as an attractive place to invest.CNBC - Business -
Cathie Wood’s ARK Invest doubles down on UiPath as software firm’s stock price crashes
The asset manager, which is focused on disruptive technologies, bought $28 million worth of UiPath stock as shares in the company fell 34% on news its CEO would be stepping downMarketWatch - Business -
Warren Buffett Says 1 Habit Is Guaranteed to Be the Best Investment You'll Ever Make
It's not stocks, or bonds, or real estate, or crypto. And it's tax-free.Inc. - Business -
Court orders business mogul to pay whopping $1 billion divorce settlement
The chairman of South Korea's sprawling SK Group was ordered to pay his wife $1 billion in cash in the country's largest ever divorce settlement.CBS News - Top stories -
EXCLUSIVE: The Biden Administration to Outline Small-Business Grant Opportunities Worth Billions
The White House's Lael Brainard hopes the new guide will be a 'one-stop shop' for businesses scouring for funding opportunities.Inc. - Business - Joe Biden -
Biden administration awarding nearly $1 billion for green school buses
The Biden administration is sending $900 million in rebates to more than 500 school districts.CBS News - Politics - Joe Biden -
‘Largest Botnet Ever’ Tied to Billions in Stolen Covid-19 Relief Funds
The US says a Chinese national operated the “911 S5” botnet, which included computers worldwide and was used to file hundreds of thousands of fraudulent Covid claims and distribute CSAM, among other crimes.Wired - Tech -
Saudi Aramco offers nearly $11.5 billion in new stock for sale
Aramco will offer 1.545 billion shares in a price range between 26.70 and 29 Saudi riyals per share on Sunday.CNBC - Business -
Apple Supplier STMicroelectronics to Build $5.4 Billion Chip Plant in Italy
STMicroelectronics is planning a new manufacturing plant in Italy for an investment of around $5.4 billion that will come with state support, as the chip maker jockeys for position in the semiconductor market’s recovery.The Wall Street Journal - World - Apple -
Saudi Arabia to Kick off Aramco Stock Sale of Up to $12 Billion
Saudi Arabia confirmed it plans to sell a portion of its stake in oil giant Aramco valued at up to $12 billion.The Wall Street Journal - World -
Japan confirms first currency intervention since 2022 with $62 billion in spending
Data from Japan's Ministry of Finance confirmed the country's first currency intervention since 2022, after the yen plunged to a 34-year-low in April.CNBC - Business - Japan -
Elon Musk Lobbies on X for His $46.5 Billion Tesla Pay Package
The Tesla chief executive is taking to his social media company to press shareholders to vote for a critical pay package on June 13.The New York Times - Business - Elon Musk -
Fable’s Showrunner showcases Netflix of AI with user/AI-generated TV shows
Fable is launching its Netflix of AI platform, Showrunner, which lets people make their own TV shows and share them.VentureBeat - Tech - Netflix -
Google's AI Overviews Will Always Be Broken. That's How AI Works
Google rushed out fixes after its AI search feature made errors that went viral. Fundamental limitations of generative AI mean that it will still screw up sometimes.Wired - Tech - Artificial Intelligence -
2024 Is the Year of the Generative AI Election
AI is already being used and abused in elections around the world. From passive income scams to dead men endorsing their successors, fiction is proving stranger than reality.Wired - Tech -
The AI Revolution Is Already Losing Steam
The pace of innovation in AI is slowing, its usefulness is limited, and the cost of running it remains exorbitantThe Wall Street Journal - World -
The AI Revolution Is Already Losing Steam
The pace of innovation in AI is slowing, its usefulness is limited, and the cost of running it remains exorbitantThe Wall Street Journal - Tech -
What to Look for in an AI Training Provider
7 features leaders should consider when choosing a partner to help implement their workforce AI strategy.Inc. - Business -
Ecuador Is Literally Powerless in the Face of Drought
Drought-stricken hydro dams have led to daily electricity cuts in Ecuador. As weather becomes less predictable due to climate change, experts say other countries need to take notice.Wired - Tech