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Tech Stocks See Worst Day Since June, Pressuring Broader Market
The Nasdaq and the S&P 500 had their worst day since June as investors worried about spending on A.I. infrastructure.
Β© The New York Times
Β© The New York Times
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The Trouble With This Popular Progressive Idea
Forget Californiaβs billionaire wealth tax. The economist Natasha Sarin believes there are better ways to make billionaires pay up.
Big Techβs Data Center Blitz Is Burning Through Cash and Scaring Wall St.
Amazon became the latest tech company to announce swelling investments in A.I. amid stumbling share prices.
Amazon is spending heavily on new data centers to operate with this one in Ashburn, Va.
Β© Nathan Howard for The New York Times
In Anthropic I.P.O., Goldman and Morgan Stanley Slug It Out for Top Bank
Anthropic named the Wall Street firms lead underwriters on its upcoming public offering, a role that will generate generous fees and enormous prestige.
The Goldman Sachs headquarters, center, in Lower Manhattan.
Β© Victor Llorente for The New York Times
Meta and SpaceX to Raise Billions More to Fund A.I. Ambitions
The race to build artificial intelligence infrastructure is consuming increasingly enormous amounts of cash at the biggest tech companies.
Mark Zuckerberg, chief executive of Meta. The company aims to raise up to $95 billion to invest in A.I. infrastructure.
Β© Gabriela Bhaskar/The New York Times
How Silicon Valley Stole the Future
A.I. will reshape our world. But does that mean the people who make the technology get to control our imagination, too?
