Zuckerberg shares AI superintelligence vision after spending spree

Zuckerberg shares AI superintelligence vision after spending spree

Meta CEO Mark Zuckerberg published a letter outlining his vision for “personal superintelligence” Wednesday, giving investors a glimpse into his artificial intelligence strategy ahead of Meta’s second-quarter earnings report. The company has shelled out billions of dollars hiring top AI researchers and engineers in recent weeks, and Wall Street will be listening for what Zuckerberg…

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BlackRock bets on ‘pick and shovel’ trade as AI spending frenzy still has legs

BlackRock bets on ‘pick and shovel’ trade as AI spending frenzy still has legs

Ben Powell, chief strategist for Middle East and Asia Pacific at BlackRock Investment Institute, at the Abu Dhabi Finance Week (ADFW) conference. Bloomberg | Getty Images The wave of capital pouring into artificial intelligence infrastructure is far from peaking, said Ben Powell, chief investment strategist for APAC at BlackRock, arguing the sector’s “picks and shovels”…

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State of play as deadline looms

State of play as deadline looms

U.S. Senate Majority Leader John Thune (R-SD) speaks to members of the media alongside fellow Republicans during a press conference following Republicans weekly policy lunch on Capitol Hill in Washington, D.C., U.S., September 3, 2025. Nathan Howard | Reuters As congressional Democrats push to tie extending Affordable Care Act insurance subsidies to the government funding…

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Modi’s victory in Bihar may tip the balance on India-U.S. trade deal

Modi’s victory in Bihar may tip the balance on India-U.S. trade deal

PATNA, INDIA – OCTOBER 31: Bihar Chief Minister Nitish Kumar along with BJP national president J.P. Nadda, HAM party founder Jitanram Manjhi, RLM president Upendra Kushwaha and others releasing NDA manifesto (Sankalp Patra) ahead of Bihar Assembly Elections 2025 Hindustan Times | Hindustan Times | Getty Images The electoral victory for Indian Prime Minister Narendra…

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