Amazon.com Inc. is adding Uber Technologies Inc. restaurant delivery perks on its shopping site for Prime members, forging a deeper partnership just a week after rival service DoorDash Inc. agreed to acquire Instacart.
Haoyang Data Center 1 (Thailand) Ltd. has secured a loan of up to $590 million to help fund the development of a hyperscale data center facility in Thailand
OpenAI said it will avoid nondisclosure agreements when it negotiates data center deals and ensure residents don’t pay for the electricity to power those projects, part of a framework the company believes should be adopted into laws governing the expansion of artificial intelligence.
Meta Platforms Inc.’s freshly-minted euro bonds are being quoted above face value after a sale that drew record investor orders for a corporate bond in Europe.
When we last talked to James Bosworth, it seemed like an 'orange wave' was going to take over Latin America and further realign the region's interests with those of the Trump administration. But with Lula's surprise victory in Brazil and María Corina Machado's return to Venezuela, it seems like the orange wave might be cresting. Bosworth — a non-resident fellow at the Stinson Center and the author of the Latin America Risk Report newsletter — comes back on to explain how Lula pulled off his upset win over Flavio Bolsonaro, the possible impact of US troop presence in Venezuela, and why 2027 might further reshape the politics of Latin America. (Source: Bloomberg)
Micron Technology Inc. has suspended plans for a memory chip plant in Taiwan due to a protracted labor dispute, according to people familiar with the matter, throwing into question the fate of a major production base for crucial AI components.
Laura Cooper, Nuveen's global investment strategist and macro credit head, discusses the surge in financing for the AI buildout and why she sees attractive opportunities in being exposed to hyperscalers. She speaks on Bloomberg Television. (Source: Bloomberg)
Hon Hai Precision Industry Co. reported a 46% jump in October sales, reflecting resilient demand for the Nvidia Corp. servers central to a global AI infrastructure build-out.
BT Group Plc reported higher profit last quarter after the former UK telecommunications monopoly slashed costs to focus on its core UK market and added more fiber users for high-speed internet service.
Valeo SA Chief Executive Officer Christophe Perillat says he’s looking to China to streamline the century-old auto supplier, as it pursues new business areas beyond clients like Renault SA and General Motors Co.
India could emerge as a beneficiary of foreign flows, if the global artificial intelligence investment boom unwinds, as investors seek markets offering more attractive valuations, Uday Kotak, Asia’s richest banker, said.
Deutsche Telekom AG, Europe’s biggest phone carrier, announced plans to buy back as much as €2 billion ($2.3 billion) in shares next year after third-quarter profit beat estimates.
Safaricom Plc, whose Ethiopian operations are on track to break even by the end of the fiscal year, is counting on regulator-led pricing interventions to build a more competitive industry in the Horn of Africa nation.
Indian billionaire Sunil Bharti Mittal is betting he can build a global satellite-internet network independent of both the US and China, as governments increasingly seek strategic alternatives for critical communication infrastructure.
China has blocked the sale of ABB Ltd.’s robotics unit to SoftBank Group Corp., dealing a blow to the Japanese investment firm’s plans to expand into physical AI.
Australia’s trade surplus is on track to slump to its lowest level in a decade this year, as chips and servers needed for data centers add to a surge in imports from China while energy costs spiral higher.
South Korea’s current-account surplus jumped to a record in September, fueled by booming semiconductor exports as global investment in artificial intelligence continues to stoke demand for the country’s technology products.
