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Anthropic reveals $900bn AI spending commitments ahead of IPO
Claude maker’s infrastructure costs rise faster than revenues, as investors scrutinise economics of AI boom
GLOBAL NEWS WIRE
167 articles · newest reporting from independent and international publishers
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Fox News suffers sharp drop in ratings as US elections approach
Lachlan Murdoch blames ‘viewer fatigue’ as CNN and MS NOW expand viewership
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Donald Trump’s imperial presidency faces a popular uprising
Voters have grown weary of the president’s monument building at a time of high living costs
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How Putin has split the west
Three different camps have emerged within the western alliance on how to deal with Russia
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Marvell to buy data centre component maker Lumentum in $115bn AI bet
Silicon Valley companies said all-stock deal would create a ‘leader in AI connectivity’
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Netanyahu presses Trump for renewed strikes against Iran
Israeli leader and US president talk on phone as mediation efforts led by Qatar seek to broker interim deal between Washington and Tehran
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European supermarkets hit by freezer hacking
Retailers in Sweden and Belgium affected by latest cyber attacks
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Alstom shares tumble 26% after train maker cuts profit forecast
French group also sets out plan to cut €2bn in debt in second major profit warning under new chief Martin Sion
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Unpicking Microsoft’s free cash flow
Plus: stock-bond correlations (again)
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Petrol prices set to hit record high under Trump on eve of US elections
Average fuel costs during president’s second term pass Biden-era levels as affordability issues dominate Tuesday’s midterm polls
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Life in Tehran under Trump’s blockade
The city has recaptured its prewar energy even as residents are gripped by trepidation over what is next
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BCG hit with tax probe as HMRC steps up scrutiny of consultants
Agency scrutinising whether some UK partners at elite consultancy should be treated as employees for tax purposes
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The meaning of the midterms
This week will tell us many important things about the future of American politics
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Glencore plans CEO pay overhaul to speed up windfall after any takeover
Proposals would alter change-of-control provision to mean more long-term share awards vest earlier
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AI mania can’t survive higher interest rates
The price of money is the pin that deflates market bubbles
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How De Beers lost its sparkle
After years of decline, the jewellery industry has pinned its hopes on a new advertising push to restore the lustre of natural diamonds
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Why rich Ireland still feels poor
Dublin is precariously reliant on corporation taxes, with half coming from Apple, Eli Lilly and Microsoft
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The race to keep AI under control
Safety breaches are raising doubts about the ability of leading labs to keep increasingly powerful systems in check
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Global AI sell-off eases after Nasdaq’s worst month in over a year
US tech stocks set to start week higher following bruising rout
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Japanese groups stage $21bn deal spree to secure gas supplies
World’s second-biggest buyer of LNG targets shale resources on US Gulf Coast amid market upheavals
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Nine killed as business jet crashes in Florida
Aviation authorities to investigate after Learjet plunges into street eight miles from Donald Trump’s Mar-a-Lago resort
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Gulf braced for escalation of war between US-Israel alliance and Iran
Diplomats warn that renewed conflict would be even more damaging than previous rounds of fighting
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Blue Lagoon owner plans to float as Icelandic tourism booms
Owner of famed geothermal baths wants to raise money for its growth plans including a mountain retreat
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