Finance

UK Defends Green-Energy Push After Trump Says It’s ‘Suicidal’

UK Defends Green-Energy Push After Trump Says It’s ‘Suicidal’

President Donald Trump during the United Nations General Assembly (UNGA) in New York on Sept. 23. (Bloomberg) — The UK government defended its green-energy push after Donald Trump scold...

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Stablecoin Titan Tether Seeks $500 Billion Valuation on $20 Billion Raise: Report

Stablecoin Titan Tether Seeks $500 Billion Valuation on $20 Billion Raise: Report

Stablecoin giant Tether Holdings is hoping to raise up to $20 billion in a private placement that could give the company a monetary value of up to $500 billion, Bloomberg reported on Tuesday, citi...

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Micron Gives Solid Forecast After AI Boosts Memory Demand

Micron Gives Solid Forecast After AI Boosts Memory Demand

The Micron Technology offices in San Jose, California. (Bloomberg) — Micron Technology Inc., the largest US maker of computer memory chips, gave an upbeat forecast for the current qua...

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OpenAI is building five new Stargate data centers with Oracle and SoftBank

OpenAI is building five new Stargate data centers with Oracle and SoftBank

WASHINGTON, DC – JANUARY 21: OpenAI CEO Sam Altman appears during a news conference with U.S. President Donald Trump in the Roosevelt Room of the White House on January 21, 2025 in Washin...

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Sam Altman wants to build 1 gigawatt of ‘AI infrastructure’ a week — enough to power 876,000 households a year

Sam Altman wants to build 1 gigawatt of ‘AI infrastructure’ a week — enough to power 876,000 households a year

OpenAI CEO Sam Altman published a blog Tuesday on his vision to scale artificial intelligence. One goal is to create a factory that can produce one gigawatt of new AI infrastructure a week. ...

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