Kalshi is building a tool to predict the future price of computing power, according to Bloomberg. The prediction market platform will analyze weekly and monthly compute contracts using an algorithm to…
Intel Corp. is investing €5 billion ($5.7 billion) to expand its Leixlip campus in Ireland, aiming to boost production of data center processors and advance its foundry business as it competes in the …
Apollo Global Management's chief economist Torsten Sløk warned that the gap between massive AI capital expenditures and slow productivity gains outside the tech sector could trigger a painful market r…
Apollo Global Management chief economist Torsten Sløk warned that Wall Street faces significant risks if hyperscalers' AI investments fail to generate expected profits, potentially triggering a sell-o…
Apollo Global Management and Blackstone are set to begin trading portions of a $35 billion private credit deal financing AI chip infrastructure for Broadcom and Anthropic, with about $15 billion expec…
Apollo Global Management chief economist Torsten Sløk discusses two key signals that may indicate whether AI investments will yield returns, amid ongoing debate about the technology's profitability.…
BlackRock's research head Jean Boivin said private credit will play a larger role in financing AI infrastructure, as companies seek capital for massive expenditures. He dismissed comparisons to past b…
Apollo Global Management chief economist Torsten Slok warned that massive AI spending is not boosting profits for non-tech companies, creating a risk of a painful repricing of Big Tech valuations. Pro…
Apollo Global Management's chief economist Torsten Sløk warns that AI investments may take years to deliver returns outside the tech sector, potentially triggering a market repricing as investors adju…
The Bank for International Settlements warned in its annual report that the $1 trillion AI investment boom risks ending in a bust reminiscent of historical bubbles like the dot-com crash, as hyperscal…
Wolters Kluwer, a Dutch software company, argues that AI will not eliminate jobs due to the lump of labor fallacy and Jevons Paradox, but it explains why entry-level hiring is struggling as AI automat…
Investors face a busy week with the June jobs report, falling oil prices, and ongoing AI spending concerns. The S&P 500, Dow, and Nasdaq all edged lower on Friday, while markets await key economic dat…
Stanford economist Erik Brynjolfsson's updated data from a partnership with ADP Research shows that employment for workers ages 22 to 25 in AI-exposed occupations continues to decline, with a 3.8% ann…
CBS News reports that AI is reducing the cost and time required to start and run new businesses, citing entrepreneurs and economists. Census Bureau data shows new business formation in the U.S. has su…
The Silicon Data Token Expenditure Index has roughly doubled since late 2025 while the price per token fell about 90% since 2023, according to a June 12 presentation by Torsten Slok at Apollo Global M…
Apollo Global Management and Blackstone invested $35 billion in Anthropic to boost its AI development capabilities and competitive position amid the intensifying U.S.-China technology race. Market pri…
Apollo Global Management and Blackstone Inc. have finalized a $35 billion funding deal to support Anthropic’s expansion in AI infrastructure, including computing and data centers. The investment aims …
Apollo Global Management reported zero evidence of AI-related job losses, contradicting widespread fears that artificial intelligence is eliminating employment. The investment firm's analysis found no…
Apollo Global Management chief economist Torsten Sløk said there is "zero evidence" that artificial intelligence is causing job losses, arguing instead that the AI boom is creating employment and fuel…
The Forward Deployed Engineer (FDE) role is experiencing a surge in demand as of May 2026, marked by major investments and hiring pushes from Anthropic, Google, and venture firm a16z. Google CEO Kurin…