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An investor group, including BlackRock and Nvidia, will buy Aligned Data Centers from Macquarie Asset Management in a deal worth $40 billion, as AI infrastructure expansion powers on.
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Federal Reserve Chair Jerome Powell says, "We don't expect that we'd be able to replace that data we're not getting.''
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US President Donald Trump said Spain should “be punished” over its opposition to raising its defense spending, adding that he had considered levying tariffs against products from the country. (Source: Bloomberg)
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GoFundMe CEO Tim Cadogan said users are coming to the platform to fundraise for groceries.
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Walmart announced it was partnering with OpenAI to enable customers and Sam's Club members to shop directly within ChatGPT, using the AI chatbot's Instant Checkout feature.
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AMD announced a deal with Oracle to deploy 50,000 GPUs for its Oracle Cloud Infrastructure.

The move comes after AMD's deal on Oct. 6 to roll out 6 gigawatts worth of chips as part of a multibillion-dollar, multiyear agreement with OpenAI, where OpenAI takes an upwards of a 10% stake in AMD.