Latest in Emirati billionaire investing $20B in US to build data centers
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Who Is Hussain Sajwani, the Developer Behind Trump’s $20 Billion Data Center Pledge?
Hussain Sajwani, the founder and chairman of DAMAC Properties of Dubai, built the first Trump-branded golf course in the Middle East a decade ago.The New York Times - 10h -
The Billionaire Mining Magnate Who Bet Coal Had a Future---and Won Big
The U.K. closed its last coal-powered plant, but 76-year-old Low Tuck Kwong ignored naysayers and built a fortune from the world’s dirtiest fossil fuel.The Wall Street Journal - 1d -
Meta Follows Elon Musk’s Lead, Moves Staffers to Billionaire-Friendly Texas
According to Mark Zuckerberg, Meta trust and safety workers will be relocated to Texas to prevent them from “censoring” users. Experts point to other advantages.Wired - 1d -
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.The New York Times - 1d -
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 - 2d -
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Man arrested for trying to bring machete into US Capitol visitor center
Three knives also found in bag as X-ray machine screened people going into building to pay respects to Jimmy Carter. A man was arrested on Wednesday for trying to bring a machete and knives into ...The Guardian - 9h -
Altadena senior center in flames as Eaton Fire rages
Firefighters are trying to mitigate the growing fire in Altadena, California, where a senior center is now in flames. Low water pressure and exhausted responders are impacting efforts. CBS News Los ...CBS News - 10h -
3 signs beginners should invest in gold in 2025
Not sure if a gold investment is right for your beginner portfolio right now? Here are three signs that it may be.CBS News - 11h -
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US stocks slide as strong data sends Treasury yields higher
Investors bet Fed likely to lower interest rates just once this year after better than expected jobs and services figuresFinancial Times - 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 -
Emirati billionaire investing $20B in US to build data centers
President-elect Trump announced Tuesday that Emirati billionaire Hussain Sajwani plans to invest $20 billion in the United States “over a very short period of time” to build data centers across the ...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 -
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Nvidia releases gaming chips for PCs, tapping AI features from data center GPUs
At CES in Las Vegas, Nvidia showed that it's still focused on serving gamers even as the company's primary business is now in the data center.CNBC - 1d -
Are the new personal data rules workable?
Also in this newsletter: India’s forex reserves fall to an eight-month low and Kumar Mangalam Birla’s mantraFinancial Times - 2d -
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 - 2d -
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 -
Maga vs the billionaires
Trump’s fragile coalition is already splintering over immigrationFinancial Times - 3d -
Investment banks prepare for crunch year in 2025
Boutiques counting on M&A rebound to support elevated valuations and star hiresFinancial Times - 3d -
Trump's eyeing Greenland - but other Arctic investment is frozen
While Trump eyes Greenland, Norway and Russia have put the brakes on their polar region investments.BBC News - 3d -
Centers The Canucks Should Be Targeting If They Make A Trade With The Rangers
The Vancouver Canucks could be making a trade with the New York Rangers ahead of the 2025 trade deadline.Yahoo Sports - 3d -
Jimmy Carter's casket arrives at the Carter Center in Atlanta
The casket of former President Jimmy Carter arrived at the Carter Center in Atlanta, Georgia, on Saturday, the first day of his funeral procession. CBS News chief election and campaign ...CBS News - 4d -
Phantom data centers: What they are (or aren’t) and why they’re hampering the true promise of AI
So-called fake data centers are a bottleneck to scaling infrastructure to keep up with compute demand for AI and other critical workloads.VentureBeat - 4d -
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 -
Hundreds of animals killed in Dallas shopping center fire
Authorities in Dallas say a fire that broke out at a shopping center in Dallas has killed more than 500 animals, most of which were small birdsABC News - 5d -
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 - 5d -
How to Build a Company Culture Employees Will Love
Inc. 5000 founders share hard-won lessons on fostering genuine connection and building a culture every employee will embrace.Inc. - 5d -
This will be the year of investing dangerously
Investors have no clue what the returning President Trump will actually doFinancial Times - 5d -
How Jensen Huang and 3 Nvidia Board Members Became Billionaires
Longtime Nvidia board member Tench Coxe is among the company’s newly minted billionaires.Inc. - 6d -
How to invest in a much-changed China
While Trump threatens punitive tariffs, investors need to understand how much the country has altered in recent yearsFinancial Times - Jan. 2 -
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 poweringFinancial Times - Jan. 1 -
5 Books for Building Lasting Professional Relationships
Level up your leadership skills through deeper, more effective communication and connection with colleagues.Inc. - Jan. 1 -
How to Build a Healthier Relationship With Your Screen
Don’t panic, doomscrollers: It’s possible to reframe your habits and make screen time more positive and curated.Wired - Jan. 1