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Economy

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Welcome to Big Tech's ‘Age of Extraction’

In his new book, antitrust scholar and former White House adviser Tim Wu argues that tech giants are bleeding you dry—and lays out a plan to stop them. Source link

The AI Data Center Boom Is Warping the US Economy

The amount of capital pouring into AI data center projects is staggering. Last week, Microsoft, Alphabet, Meta, and Amazon reported their 2025 capital expenditures would total roughly $370…

OpenAI Signs $38 Billion Deal With Amazon

OpenAI has signed a multi-year deal with Amazon to buy $38 billion worth of AWS cloud infrastructure to train its models and serve its users. The deal is yet another sign of the AI…