Commercial real-estate investors are becoming increasingly aligned with the AI boom—enabling them to rake in profits on the upside, but also making their funds more vulnerable to a correction in AI ...

(Bloomberg) --The great artificial intelligence boom that’s fueling US economic growth now depends heavily on credit markets to finance the investments, and utilities are among the key borrowers. In ...

The GLP-1 drugs that powered the weight loss market, led by semaglutide (Wegovy) and tirzepatide (Mounjaro), has crossed Rs 1,000-crore sales within a short time. Mounjaro (tirzepatide) was launched ...

Ultra-fast aircraft developer Boom Supersonic has pivoted its strategy to first develop an electricity generating turbine for AI data centres, and then to use revenue from that product to fund ...

AI and HPC data center developer Crusoe has agreed to purchase 1.21GW of natural gas turbines from Boom Supersonic to power its growing data center portfolio. Boom will supply Crusoe with 29 of its ...

Aircraft startup Boom Supersonic said Tuesday it will start selling a version of its turbine engine as a stationary power plant, and that its first customer will be data center startup Crusoe. Crusoe ...

Boom Supersonic is developing an industrial gas turbine version of its Symphony turbofan to power AI data centers, providing a technical and financial boost toward its goal of building the Mach 1.7 ...

The infrastructure behind (and below) the data center boom is in the midst of its own massive scale building boom, with no end in sight. That’s created a thriving business for the companies that ...

A windfall for companies that build data centers and their suppliers is overshadowing weakness in other industries. By Ben Casselman and Sydney Ember In Nevada, a summer of weak international tourism ...

NEW YORK, Nov 20 (Reuters) - The AI boom is bringing new risks to the financial markets as investors flock to tech stocks and executives pay steep premiums to buy AI technology they cannot build ...

Taiwan is ENVIED for its exporting prowess: it is home to all of the world’s cutting-edge chipmaking. Just as extraordinary, but much less appreciated, is its towering current-account surplus, the ...