Finance

Big Tech’s AI ambitions are straining the US power grid. Natural gas might be its answer.

Big Tech’s AI ambitions are straining the US power grid. Natural gas might be its answer.

The energy demand from data centers is expected to double by 2028, according to the Lawrence Berkeley National Laboratory. But the US power grid, full of aging infrastructure, years-long connectio...

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Tech giant Alibaba sees shares rise after CEO pledges AI spending lift

Tech giant Alibaba sees shares rise after CEO pledges AI spending lift

Shares in Alibaba rose around 9% in Hong Kong on Wednesday afternoon after CEO Eddie Wu said that he would lift the firm’s AI budget. The e-commerce giant had already pledged to invest 380 billion...

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Exclusive-France to review Nissan Europe’s supplier payments, letter shows

Exclusive-France to review Nissan Europe’s supplier payments, letter shows

By Daniel Leussink TOKYO (Reuters) -The French government is reviewing whether Nissan’s European business paid suppliers on time, and it has asked the automaker to submit extensive financial...

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JPMorgan economists predict the H-1B visa’s new $100,000 fee could cut 5,500 work authorizations per month

JPMorgan economists predict the H-1B visa’s new $100,000 fee could cut 5,500 work authorizations per month

JPMorgan economists are predicting thousands fewer H-1B applications per month. The projections follow Trump’s executive order to charge $100,000 for new H-1B applications. The order c...

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