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Goldman Sachs says the return on investment for AI might be disappointing
Tech companies are spending big on AI, but so far have little to show for it. A Goldman Sachs repor…
Katie Balevic
Alphabet's earnings show investors are impatient for the data on AI returns. No one has the answer yet.
In Tuesday's earnings call, investors repeatedly asked Alphabet execs for data about returns on AI …
Katherine Tangalakis-Lippert
Data centers, holiday homes and more attract $867 mn from institutional investors in 2022: Colliers
Institutional investments in alternate real estate assets have been rising in the last few year…
Phoenix plans to build gas plants to help power new data centers
The Phoenix metro area has become the ninth-largest data-center hub in the world. A pipeline of new…
Catherine Boudreau
Microsoft's focus on monetizing its AI investments is a sign of tech's shifting strategy
Microsoft is considering a pricing overhaul of its suite of software tools in a bid to get a return…
Dan DeFrancesco
Meet your new neighbor: A data center powering the AI boom
The AI explosion has triggered a boom in data center building, with giant new complexes scheduled t…
Matt Turner
Data centers are sprouting up as a result of the AI boom, minting fortunes, sucking up energy, and changing rural America
Data center building complexes are changing the face of rural America, using tremendous energy, and…
Daniel Geiger,Ellen Thomas,Al…
An investing legend dies
Charlie Munger, the investing legend who grew to prominence as Warren Buffett's right-hand man, die…
Dan DeFrancesco
What the latest inflation data means for interest rates
In today's big story, we're looking at what a hotter-than-expected inflation report means for marke…
Dan DeFrancesco
Real estate hit its highs in 2023 but slipping PE investments a worry
A sharp rise in home sales as well rising office occupancies might be the talk of the town. Yet, pr…
Millennials fall for investment scams a lot — even more than boomers
More millennials reported being duped by investment scams than people over 60, according to the FBI.
Camilo Fonseca
Nvidia CEO predicts $1 trillion will be spent over 4 years upgrading data centers for AI. A lot of that bill will probably be paid by Amazon, Google, Microsoft, and Meta.
Big tech companies and hyperscale cloud providers face a massive Nvidia-powered bill for AI data ce…
Alistair Barr
Accenture unveils generative AI studio in India to boost data, AI adoption
With the studio, part of Accenture’s $3 billion investment in data and AI, the company's team an…
Legendary investor Jim Chanos is raising over $200 million for a 'big short' against data centers
The short seller plans to bet against US-listed REITs that own legacy data centers, as he expects A…
Theron Mohamed
Meet the members of Congress under ethics investigation who wouldn't cooperate with independent investigators
A report from the nonpartisan Campaign Legal Center said 5 of 8 members of Congress the Office of C…
Madison Hall
Meet the members of Congress under ethics investigation who wouldn't cooperate with independent investigators
A report from the nonpartisan Campaign Legal Center said 5 of 8 members of Congress the Office of C…
Madison Hall
Hiranandani Group unveils North India’s first hyperscale data center in boost to region’s digital economy
The data center has been set up with an investment of around ₹1,500 crore and will see an additiona…
Deal Tracker: PE investments fall by 30% to $1.7 bn in September quarter, BFSI rules the roost
The September quarter of 2023 saw a total of 40 deals valued at $1.7 bn, which is a fall of 30% in …
Institutional investment in the office real estate sector increases 2.5 times to reach $2.7 billion
During the first half of 2023, institutional investment in the office sector increased by 2.5 times…
Interview: How Oracle plans to bring the public cloud to companies’ on-premise data centers
Cloud adoption, including hybrid and multi-cloud models, has been expanding fast among all kinds of…