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662 Billion Reasons To Worry: Moody's Raises AI Data-Center Funding Fears As Apollo Shops Huge Anthropic Debt Deal
662 Billion Reasons To Worry: Moody's Raises AI Data-Center Funding Fears As Apollo Shops Huge Anthropic Debt Deal
Unless you have lived under a rock for the last year (or month), you will know that the explosive growth of artificial intelligence is fueling a massive infrastructure buildout.
In a chart book published nearly simultaneously with Moody’s report, Apollo Global Management chief economist Torsten Slok worked to put the enormity of data center spending into perspective.
With total capital expenditure on data centers estimated at roughly $646 billion, or about 2% of U.S. GDP, Slok noted that is...
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Jun 8, 2026 / Tyler Durden
Apple's Long-Awaited AI Siri Fails To Impress As Shares Pump Then Dump During WWDC
Apple's Long-Awaited AI Siri Fails To Impress As Shares Pump Then Dump During WWDC
Summary:
Market Reaction: Buy the rumor, Sell the news
Apple Reveals Long-Awaited AI Siri
CEO Tim Cook gives his final WWDC keynote speech
Goldman And UBS Preview Apple's WWDC: AI Siri Takes Center Stage
Apple CEO Tim Cook opened WWDC26 with a keynote on artificial intelligence, software updates, and developer tools across the company's ecosystem.
WWDC26 presentation centered on a broad rollout of Apple Intelligence features across its ecosystem, with the tech giant previewing a more conversational Siri, a dedicated Siri app,...
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Jun 14, 2026 / Tyler Durden
Iran Reveals Draft Of Trump-Touted MoU To Be Signed Sunday: $25BN Asset Unfreeze, Enriched Uranium Dilution On The Table
Iran Reveals Draft Of Trump-Touted MoU To Be Signed Sunday: $25BN Asset Unfreeze, Enriched Uranium Dilution On The Table
Iran Weighs In on Anticipated MoU Signing Details, Potential Unresolved Issues
Bloomberg and Reuters are reporting Sunday some fresh details on Iran's version of what the MoU to be signed - which President Trump says will happen today (albeit remotely) will inlcude.
"A draft of the US-Iran memorandum of understanding included diluting highly enriched uranium within Iran and the release of $25b of Iran’s frozen assets, Reuters reports citing a senior Iran official...
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Apr 19, 2026 / Tyler Durden
Appeals Court Allows Construction Of White House Ballroom To Continue
Appeals Court Allows Construction Of White House Ballroom To Continue
A U.S. appeals court on April 17 put on hold a lower court order that had halted construction of the White House ballroom, allowing the project to proceed for now.
Previously, U.S. District Judge Richard Leon issued a preliminary injunction blocking above-ground construction of the ballroom but allowed “below-ground” construction of national security facilities to continue.
Leon had said the project cannot continue without authorization from Congress.
But now, as Aldgra Fredly reports for The Epoch Times, a three-judge panel of the U.S....
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