AI Power-Gear Spending in US Surging Up to $65 Billion US spending on power-generation equipment for data centers may reach $65 billion by 2030, up from $2.6 billion last year, with the rapidly growing industry accounting for the largest share of the total market, according to a report Tuesday from Wood Mackenzie Ltd.
Televisa Profits Soar as Univision Partnership Drives Income Grupo Televisa SAB’s first quarter profits of 1.03 billion pesos ($59.3 million) beat analyst expectations as the company’s stake in TelevisaUnivision brought in more revenue than expected.
Asia Open Clouded by US Stock Slide on AI Worries: Markets Wrap Stocks in Asia are set for a subdued start after a tech-led selloff dragged down US benchmarks, as doubts resurface over whether massive spending in artificial intelligence will pay off — just as traders brace for a wave of megacap earnings.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. (Source: Bloomberg)
