Buyout firms have struggled to sell companies they own and have instead found a workaround to get cash back to clients: Selling the companies to themselves. By Maureen Farrell Maureen Farrell covers ...
Sam Altman, the chief executive of OpenAI, says that technological revolutions are driven by more than just technology. They are also driven, he argues, by new ways of paying for them. “There is ...
The amount of noise The Row’s annual sample sale generated last weekend was perhaps antithetical to the brand’s ultimate quiet luxury status. But what else could be expected? The brand’s legions of ...
The AI boom has triggered a historic spending spree. By 2028, investment in chips, servers and data centers could reach nearly $3 trillion, according to Morgan Stanley. On this episode of Bold Names, ...
With current AI spending far outpacing end-product monetization, the increasing string of circular investments within the industry is raising concerns of a brewing systemic risk. AMD's recent ...
BAMBERG, S.C. — Circular Composite Solutions (CCS), a sustainable manufacturer of industrial shipping pallet components, has announced plans to establish operations in Bamberg County, investing $53.7 ...
Monday - Friday, 6:00 - 7:00 PM ET CoreWeave CEO Michael Intrator discussed his company's deals with a number of artificial intelligence giants. He brushed off concerns that the agreements are ...
CNBC's MacKenzie Sigalos talks the circular nature of the AI trade after OpenAI's massive investment in AMD chips. Got a confidential news tip? We want to hear from you. Sign up for free newsletters ...
The S&P 500 is increasingly concentrated in the 'Magnificent 7' tech giants, raising risks for index investors as these stocks dominate returns. Mag 7 companies are ramping up capital spending on AI, ...
(Bloomberg/Emily Forgash) — Three years after OpenAI and Nvidia Corp. helped kick off the global artificial intelligence frenzy, the two firms are joining forces to pave the way for a more costly ...
“The action will clearly fuel ‘circular’ concerns,” Stacy Rasgon, an analyst with Bernstein Research, wrote in an investor note after the deal was announced. Those concerns have followed Nvidia, to ...
King's College London provides funding as a member of The Conversation UK. We extract more than 100 billion tonnes of raw materials from Earth each year, then throw most of them away. The “circular ...