America is ready to go big on AI infrastructure

Satya Nadella’s Microsoft and BlackRock have unveiled a $30 billion fund to boost investment into data centers and power infrastructure needed to support AI. America is stepping up plans to maintain an edge in the generative AI race. A key part of that strategy is making significant investments in domestic infrastructure — from data centers…

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Fed rate cuts are arriving too late and layoffs show the US economy is already in a recession, bond king Jeff Gundlach says

Jeffrey Gundlach, chief executive and chief investment officer of DoubleLine Capital, speaks during the Sohn Investment Conference in New York May 4, 2015. The Fed is cutting interest rates too late, as mounting job losses show that the US economy is already in a recession, according to Jeff Gundlach. The billionaire “bond king” and DoubleLine…

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