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How One Country Became the Unlikely Crossroads of the Global A.I. Boom5:20 In Malaysia, U.S. and Chinese tech giants are pouring billions into vast data centers, straining local resources and testing the limits of Washington’s restrictions on advanced chips. In China, the War on Mosquitoes Has Entered the A.I. Era5:20 Using sensors developed for self-driving cars, a Chinese start-up claims it can track and destroy tiny flying targets while avoiding people, pets and reflective surfaces. Polymarket Is Investigating Suspicious Bets on Israeli Election1:08 The company said it was looking into hundreds of new accounts that had placed wagers in two markets related to the election on Tuesday. Big Tech’s Data Center Blitz Is Burning Through Cash and Scaring Wall Street21:57 Amazon on Thursday became the latest tech company to to announce swelling investments in A.I. amid stumbling share prices. Inflation Accelerated in October, PCE Index Shows14:00 The Personal Consumption Expenditures index picked up in September, according to data released a day after the Federal Reserve’s decision to hold interest rates steady. U.S. G.D.P. Increased in Third Quarter14:00 Spending by A.I. companies and consumers powered gross domestic product growth in the third quarter. The economy grew 3.4 percent, the fastest pace in a year. Microsoft Up, Google Down. A Tale of Two Hyperscalers.13:28 Investors are showing little patience for lavish spending and meager returns on companies’ artificial intelligence bets. Its Investors Say Kalshi Is Worth $40 Billion. Is an I.P.O. Next?12:57 The prediction market raised $1 billion in a new funding round and landed a market value almost double that of rival Polymarket. But legal challenges to its business persist. DoorDash to Buy Instacart for $17 Billion, Uniting 2 Delivery Giants12:57 The deal combines the country’s largest restaurant delivery service with its biggest online grocery platform. Hong Kong Leader Apologizes for Deadly Apartment Building Fire12:25 John Lee, the city’s chief executive, said the city’s housing secretary would step down, but he vehemently defended the government. Christine Lagarde to Step Down as President of European Central Bank11:21 Her plan to depart in February, months before the end of an eight-year term, sets in motion a selection process among European leaders for a new central bank president. In Moving Gradually, Fed Risks Having to Play Catch-Up to Quell Inflation10:17 Federal Reserve officials are expected to restart rate increases in December, but the cadence of additional moves will depend on the data. Hit the Road This Season With These Useful New Map Features10:17 The recent updates to Google Maps and Apple’s Maps use artificial (and human) intelligence for better navigation, planning and travel guides. |
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