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Hyperscalers are significantly increasing capital spending on AI and are increasingly using credit markets to finance it. But investors say the changes challenge the so-called “fortress balance sheet” status of the mega-tech giants and tear apart what they call the “tacit contract” that has kept speculative AI spending largely insulated from bond markets.rear Amazon, meta and the owner of google alphabet While the companies revealed large increases in their full-year capital spending plans during the fiscal year, UBS data shows that AI hyperscalers’ total capital spending could exceed $770 billion in 2026, about 23% higher than previously expected.UBS credit strategists…
Directed by Ryan Coogler and nominated for a record-breaking 16 Oscars, Sinners follows Sammy, the son of a preacher, as he experiences a vampire invasion of his life as a successful modern American musician, guided by his transcendent voice and dobro guitar. The film begins with a voiceover mentioning “griots.” Griots are centuries-old West African storytellers who convey oral history through the medium of poetry and song. In Tennessee, rumbling in the foothills of the Appalachian Mountains, modern griots are emerging. Born in war-torn Liberia and raised in the United States, singer-songwriter Mon Lovia, real name Janjay Law, seeks to…
Published February 23, 2026February 23, 2026Click here to share on social mediaShare 2shareThe Winter Olympics ended with the twin torches of the host cities of Milan and Cortina d’Ampezzo extinguished during the closing ceremony at the ancient Verona Arena, located roughly halfway between the remote mountains, valleys and city venues, making it the most extensive Winter Olympics ever.International Olympic Committee president Kirsty Coventry on Sunday declared the 2026 Games over, telling local organizers that they had “delivered a new kind of Winter Games and set new, very high standards for the future”.The next Winter Olympics will be held in neighboring…
U.S. President Donald Trump speaks at the National Governors Association Dinner and Reception held in the East Room of the White House on February 21, 2026 in Washington, DC, USA.Al Drago | Getty Images News | Getty Images The U.S. Supreme Court on Friday struck down many of President Donald Trump’s “reciprocal” tariffs imposed under the International Emergency Economic Powers Act.However, White House leaders did not accept this decision quietly. Hours later, President Trump announced on Truth Social that he would use Section 122 of the new law to impose 10% tariffs worldwide, and the next day he increased the…
OpenAI CEO Sam Altman on Friday called concerns about data center water usage “bogus” and defended the resource demands of artificial intelligence, comparing the energy used by AI systems to that of humans.Speaking to The Indian Express on the sidelines of the India AI Impact Summit, Altman was asked to address common criticisms of AI, such as energy and water consumption. The CEO responded that claims circulating online that ChatGPT uses a gallon of water per query are “completely false and completely insane” and have “nothing to do with reality.” Data centers traditionally use large amounts of water to cool…
Bitcoin It fell as much as 5% to below $65,000 on Monday after US President Donald Trump announced plans to raise global tariffs to 15%. The decline came as Asian stocks rose in early trading, highlighting the divergence of cryptocurrencies from the region’s stock markets amid renewed tariff uncertainty.Bitcoin has been in a steep decline since reaching over $125,000 in October last year, and that decline has continued into the new year. The world’s largest cryptocurrency is down 26% so far this year and more than 47% since its October high. Stock chart iconStock chart iconBitcoin falls“With the sudden increase…
The White House celebrated the United States’ victory over Canada in the men’s hockey final at the 2026 Milan-Cortina Winter Olympics with a political message, sharing a social media post showing a bald eagle attacking two geese that symbolize their respective countries.Sunday’s image was in response to a 2025 post by then-Canadian Prime Minister Justin Trudeau that said, “You can’t take away our country and you can’t take away our game.”Recommended stories list of 4 itemsend of listPrime Minister Trudeau’s statement came after Canada’s victory over the United States in the Four-nation Hockey Tournament, at a time when US President…
President Donald Trump arrives at the White House for a press conference in response to the Supreme Court’s ruling that President Trump exceeded his authority when imposing tariffs, on January 20, 2026, in Washington, DC. Elizabeth Franz | ReutersLONDON – European stock markets are expected to open this week in negative territory as global markets react to US President Donald Trump’s latest global tariff policy.british FTSE The index opened 0.2% lower, with Germany’s dachshund France, down 0.7% CAC40 Italy decreased by 0.4%. FTSE MIB According to IG data, it fell 0.45%.European markets ended last week higher after the U.S. Supreme…
US President Donald Trump (R) and Indian Prime Minister Narendra Modi arrive for a joint press conference at Hyderabad House in New Delhi on February 25, 2020 (Photo by Prakash SINGH/AFP) (Photo by PRAKASH SINGH/AFP via Getty Images)Prakash Singh | AFP | Getty ImagesIndian trade negotiators have rescheduled a planned visit to Washington, D.C., aimed at striking an interim trade deal with the United States, a person familiar with the development told CNBC.The development came after the U.S. Supreme Court ruled on Friday that President Donald Trump’s tariffs were illegal. Within hours, Trump invoked Section 122 of the Trade Act…
Aiming to attract more AI investment to the country, India is hosting a four-day AI Impact Summit this week, which will be attended by executives from leading AI labs and big techs such as OpenAI, Anthropic, Nvidia, Microsoft, Google, and Cloudflare, as well as heads of state. The event, which is expected to attract 250,000 people, will be attended by Alphabet CEO Sundar Pichai, OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei, Reliance Chairman Mukesh Ambani, and Google DeepMind CEO Demis Hassabis. Indian Prime Minister Narendra Modi is scheduled to address French President Emmanuel Macron on Thursday. Key updates on…