Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India

• 3 big gold investing mistakes to avoid in 2025

  A gold investment could help boost and protect your portfolio in 2025, assuming you avoid these three mistakes.
  
  CBS News - 1d
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  Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech

  Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...
  
  GameSpot - 2d

• U.S. Plans $8 Billion Sale of Arms, Including Bombs, to Israel

  The Biden administration notified Congress of a weapons package for Israel that is one of the largest new arms sales since the war in Gaza began.
  
  The Wall Street Journal - 3d

• Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025

  Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.
  
  CNBC - 4d
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  State Dept. Tells Congress It Plans to Send $8 Billion in Arms to Israel

  The arms transfer could be the final one the Biden administration provides to Israel. President Biden has largely ignored critics of Israel’s war in Gaza who have urged a halt to weapons aid.
  
  The New York Times - 4d
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  Microsoft expects to spend $80 billion on AI-enabled data centers over next 12 months

  Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.
  
  NBC News - 4d
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  Nvidia invested $1bn in AI deals in 2024

  Group emerges as crucial backer of start-ups seeking to gain from the tech revolution its chips are powering
  
  Financial Times - Jan. 1
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  Why 2025 will redefine data infrastructure: 11 expert insights on sovereign clouds, exploding data, PaaS and more

  Key predictions from data infrastructure industry experts and vendors to help enterprises tap the AI opportunity for growth in 2025.
  
  VentureBeat - Dec. 30

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  Getty Images, Shutterstock to Combine in $3.7 Billion Deal

  Getty shareholders will own about 54.7% of the combined company, which will retain the Getty name. Shares of both companies surged on the news.
  
  The Wall Street Journal - 20h
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  Shein's Lack of Answers on China Forced-Labor Concerns Angers U.K. Lawmakers

  The bargain clothing site, which is seeking a London stock listing, declined to shed light on whether its clothing contains cotton from Xinjiang.
  
  The Wall Street Journal - 21h

More in Business

• EBay shares soar after Meta allows listings on Facebook Marketplace in U.S., Europe

  Shares of eBay soared Wednesday as Meta announced it will allow some listings to show up on Facebook Marketplace in Germany, France and the United States.
  
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• Janet Yellen: Covid stimulus may have contributed 'a little bit' to inflation

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• Quantum stocks like Rigetti plunge after Nvidia's Huang says the computers are 15 to 30 years away

  Quantum computing stocks dropped Wednesday after Nvidia CEO Jensen Huang declared that useful quantum computers are likely decades in the future.
  
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• Exxon Mobil warns that lower oil prices and tighter refining margins will weigh on earnings

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  Georgia Push to Curb Lawsuits Puts Business Groups and Trial Lawyers at Odds

  A political push from Gov. Brian Kemp to reduce the number of civil lawsuits is incurring a major backlash from Georgia’s trial lawyers, who say the number of lawsuits isn’t the reason for rising ...
  
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