Samsung engineers are defecting to rival SK Hynix, demoralized by the $476,000 bonus SK Hynix is paying employees from record profits on HBM chips for Nvidia's AI accelerators. Meanwhile, OpenAI's rog…
Meta Platforms is paying about 7.5% to borrow $12.5 billion through a holding company tied to BlackRock for a new artificial intelligence data centre in El Paso, Texas, with the debt kept off its bala…
The five largest US tech companies—Alphabet, Amazon, Meta, Microsoft, and Oracle—have doubled their combined debt to $350 billion over five years to fund AI data centers, with interest payments more t…
The U.S. and Iran agreed an interim deal to end more than 100 days of war, providing a 60-day ceasefire and free passage through the Strait of Hormuz. Gulf states, which faced missile and drone attack…