Spending by main tech corporations on synthetic intelligence (AI) infrastructure has surpassed funding in oil and pure fuel manufacturing. The shift comes as these corporations drive an unprecedented surge in information centre funding in 2025, based on the International Energy Agency. AI Becomes a Bigger Capital Story Than Oil and Gas Combined capital expenditure of…
Artificial intelligence has now expanded its dominance to US equities and the credit score market. The shift is rewriting how capital flows by means of Wall Street, with AI-linked corporations crowding out conventional sectors from benchmark indices whereas additionally redefining the biggest corners of the bond market. AI Stocks Hit Record 45% of S&P 500…
Meta Platforms plans to put off about 8,000 employees, or roughly 10% of its workforce, on May 20. The firm mentioned the cuts are designed to enhance effectivity and offset rising investments in areas similar to synthetic intelligence. The layoffs add to a broader development of AI-driven job reductions sweeping the tech trade. Meta’s 2026…