A growing procession of tech industry leaders including Elon Musk and Tim Cook are warning about a global crisis in the making: A shortage of memory chips is beginning to hammer profits, derail corporate plans and inflate price tags on everything from laptops and smartphones to automobiles and data centers […]
A growing chorus of tech industry leaders, including Tim Cook and Elon Musk, are warning of an impending global crisis if the shortage of memory chips is not addressed. The buildout of AI data centers has resulted in companies like Alphabet and OpenAI gobbling up an increasing share of memory […]
India is hosting one of the world’s largest artificial intelligence summits this week, with Prime Minister Narendra Modi seeking to clear a path for India in a heated race to develop frontier models. Meanwhile, the French President is pulling out all the stops to try and persuade India to buy […]
Citadel’s Ken Griffin said investors are starting to view gold as a safer asset than the dollar, a development that’s “really concerning” to the billionaire investor. “We’re seeing substantial asset inflation away from the dollar as people are looking for ways to effectively de-dollarize, or de-risk their portfolios vis-a-vis US sovereign risk,” […]
Citadel CEO Ken Griffin says investors are starting to view gold as a safer asset than the dollar, a development that’s “really concerning” to him. He speaks with Bloomberg’s Francine Lacqua at the Citadel Future of Global Markets Conference in New York. ——– More on Bloomberg Television and Markets Like […]
Citadel’s planned office tower in Miami’s Brickell neighborhood will probably cost around $2.5 billion, according to founder and CEO Ken Griffin. Originally it was supposed to cost $1 billion. Griffin spoke to Bloomberg’s Francine Lacqua on Monday at a Citadel Securities conference in New York. ——– More on Bloomberg Television […]
