Trump Blurs Lines in $20 Billion Data Center Announcement and Other Deals
Even before the start of the new administration, there has been repeated blurring of lines between the federal government efforts and Trump family businesses.
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Nvidia’s $3,000 ‘Personal AI Supercomputer’ Will Let You Ditch the Data Center
Nvidia CEO Jensen Huang also announced new AI tools for creating autonomous agents during a keynote address at CES.Wired - 1d -
OpenAI's Sam Altman urges Trump to ease power plant, data center construction
OpenAI CEO Sam Altman suggested that President-elect Trump should ease restrictions on data center and power plant construction to help boost the development of energy-intensive artificial ...The Hill - 1d -
Trump announces Dubai company will invest at least $20 billion in U.S. data centers
DAMAC Properties is the latest foreign investor to announce plans for the U.S. since Donald Trump's victory.CBS News - 1d -
Trump announces $20 billion foreign investment to build new U.S. data centers
Billionaire Hussain Sajwani, a Trump associate and founder of the property development company DAMAC Properties, is pledging the money.CNBC - 1d -
Business leaders court Trump as UAE billionaire promises to spend $20 billion on U.S. data centers
President-elect Donald Trump drew another expression of support on Tuesday, as a billionaire businessman from the United Arab Emirates, Hussain Sajwani, promised to spend at least $20 billion in ...MarketWatch - 1d -
Data Centers Need to Look Beyond Green Energy, Siemens Says
Operators must find an alternative solution to the AI energy-consumption conundrum, Siemens’s Smart Infrastructure CEO said.The Wall Street Journal - 2d -
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 -
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
More from The New York Times
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Bitcoin Is Luring More Companies and Their Cash
It is a sharp pivot away from the cautious approach of the traditional corporate treasury, normally charged with safeguarding cash rather than chasing higher returns.The New York Times - 2h -
How Trump’s Greenland Plan Could Hit Ozempic, Legos and Hearing Aids
Putting tariffs on Denmark unless it cedes the island of Greenland could hurt access to a few key products, including popular medicines.The New York Times - 2h -
Mark Zuckerberg’s Political Evolution, From Apologies to No More Apologies
Meta’s chief executive has stepped away from his mea culpa approach to issues on his platforms and has told people that he wants to return to his original thinking on free speech.The New York Times - 21h -
How a Businessman Fleeing Fraud Charges Built a Life Offshore
Fleeing fraud charges, Samuele Landi evaded extradition treaties, dabbled in crypto, procured diplomatic credentials and took advantage of all the offshore world has to offer.The New York Times - 6h -
Saudi Arabia May Partner With UFC Owner TKO to Create Boxing League
A company owned by the country’s sovereign wealth fund is poised to team up with TKO, which owns Ultimate Fighting Championship, the kingdom’s latest foray into pro sports.The New York Times - 7m
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Consider flipping your 60/40 portfolio to 40/60 as bonds become more attractive than stocks
It’s no longer the glory days for the classic 60/40 investment strategy.MarketWatch - 7m -
Saudi Arabia May Partner With UFC Owner TKO to Create Boxing League
A company owned by the country’s sovereign wealth fund is poised to team up with TKO, which owns Ultimate Fighting Championship, the kingdom’s latest foray into pro sports.The New York Times - 7m -
Fed officials are worried about the inflation impacts from Trump's policies, minutes show
The Federal Reserve on Wednesday released minutes from its December meeting.CNBC - 20m -
Albertsons leans on technology and cost cuts to go it alone — but faces this near-term hurdle
With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.MarketWatch - 26m -
Taxpayer Advocate urges Congress to preserve IRS funding for service, technology
The National Taxpayer Advocate has urged Congress to preserve IRS funding for taxpayer service and technology amid Republican scrutiny.CNBC - 29m