‘No playbook’ for AI bubble fears

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Google to invest $40 billion in Texas through 2027

Technology giants, including Alphabet, Microsoft and Meta Platforms, have been pouring unprecedented sums into infrastructure to secure computing power and energy capacity needed to sustain the AI boom.One of the data centers will be in Armstrong County, in the Texas panhandle, and the other two in Haskell Co …

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Airlines urging FAA to drop flight cuts as controllers get paid

WASHINGTON (Reuters) -Major U.S. airlines are urging the Federal Aviation Administration to drop mandatory 6% domestic flight cuts at 40 major airports imposed to address air traffic safety concerns after the end of a record-setting government shutdown.Airlines are largely not in compliance with the FAA order …

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Berkshire buys shares of Google parent Alphabet, sells more Apple

In a filing with the U.S. Securities and Exchange Commission, Berkshire said it owned 17.85 million Alphabet shares as of September 30.Berkshire lowered its Apple stake to 238.2 million shares from 280 million in the third quarter, and has now sold nearly three-quarters of the 905 million shares it once held. …

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‘No playbook’ for AI bubble fears, says Deutsche Bank investment arm CEO

LONDON (Reuters) -The explosion in the value of artificial intelligence stocks poses risks to global markets for which there is “no playbook”, the CEO of Deutsche Bank’s 1.1 trillion euro ($1.3 trillion) money manager DWS told Reuters, amid growing concerns that the sector is in a bubble.The AI stocks frenzy …

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Trump likely to sell F-35 fighters to Saudis, Bloomberg News reports

Trump and the crown prince plan to sign economic and defense agreements during a visit to the White House scheduled for Tuesday, the report added.Reuters could not immediately verify the report. (Reporting by Bipasha Dey in Bengaluru) …

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