Tag: responsive

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Big Tech's AI Spending Spree: $325B Bet on AI Infrastructure

Meta, Microsoft, Amazon, and Alphabet plan to invest $325 billion in AI infrastructure by 2025, driven by ongoing commitments to AI investment despite concerns over timelines and revenue generation.

China ramps up U.S. ethane imports as cheap feedstock

China's ethane imports from the US are expected to surge as petrochemical producers switch to cheaper feedstock amid the trade war. Despite limited US export capacity and a lack of tankers, China plans to invest heavily in crackers and Very Large Ethane Carriers to meet its growing demand.

Fed's Collins Says No Hurry to Cut Rates with Tariffs Looming

The Federal Reserve Bank of Boston’s President Susan Collins says that the bank should not lower interest rates because the recently announced trade tariffs could potentially raise inflation.