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Bloomberg
Financial

AI Data Center Anger Is From the 'Fringes,' Host Digital Chair Says

Anger over the AI buildout is coming from the "fringes," says Shawn Matthews, chairman of Host Digital, a vertically integrated data center developer. Matthews, who is the former CEO of Cantor Fitzgerald, argues the way to avoid backlash over data centers is to build in places that have the right space and power to support them. He speaks with Ed Ludlow on "Bloomberg Tech."

Leia mais: AI Data Center Anger Is From the 'Fringes,' Host Digital Chair Says
Bloomberg
Financial

AI Can Unlock More Creativity in Video Games, Says Ex-EA Executive

AI will help boost video game quality, allowing developers to be more creative and deal with issues like old code, says Bing Gordon, a founding executive at Electronic Arts and former chief product officer at Kleiner Perkins. He joins Ed Ludlow on "Bloomberg Tech" to discuss his new book, "Everybody Wins: What Games Teach Us About Making Products People Love."

Leia mais: AI Can Unlock More Creativity in Video Games, Says Ex-EA Executive
Bloomberg
Financial

AI Fed Simulation Predicts Interest Rates Will Hold Steady

he Federal Reserve will decide whether to adjust the US's benchmark interest rate on Wednesday, with investment banks, economists, and journalists waiting to see if their predictions are correct. Researchers Tara Sinclair and Sophia Kazinnik have developed an AI simulation called Sim Fed, which uses AI agents to impersonate the 12 individuals who vote on interest rates, including "Sim Powell" and "Sim Cook". Bloomberg's Stacey Vanek Smith joins to break down what this means for the Fed.

Leia mais: AI Fed Simulation Predicts Interest Rates Will Hold Steady
Bloomberg
Financial

Microsoft, Alphabet Earnings Put Focus on AI Cash Flow Drain

Microsoft Corp. and Alphabet Inc. shares have gone separate ways since the companies' last earnings reports as Wall Street increasingly digs in on the way heavy artificial intelligence spending is weighing on corporate bottom lines. With the two technology giants and major AI players poised to post their results after the bell Wednesday, recent stock market trading indicates that investors give Microsoft an edge. We get a preview from Bloomberg Tech host Ed Ludlow.

Leia mais: Microsoft, Alphabet Earnings Put Focus on AI Cash Flow Drain
Bloomberg
Financial

AI Data-Center Borrowing May Test Credit Market: Fortress

Brian Stewart, global co-head of corporate credit at Fortress, says the credit market could face a more serious absorption problem from AI data-center borrowing. Speaking on "Bloomberg Open Interest," Stewart says that U.S. investment-grade issuance recently reached a record, while the AI funding cycle has so far been driven mainly by venture capital, growth equity and investment-grade bonds.

Leia mais: AI Data-Center Borrowing May Test Credit Market: Fortress
Bloomberg
Financial

Robinhood Slides, Wendy's Rallies | Stock Movers

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Robinhood (HOOD) is declining after the brokerage reported third-quarter earnings per share that missed consensus estimates. - Etsy (ETSY) shares are gaining after the online retail company reported third-quarter results that beat expectations on key metrics. It also announced that its CFO Lanny Baker will depart to pursue opportunities outside of Etsy. - Wendy's (WEN) shares are moving higher on news Nelson Peltz's hedge fund Trian Fund Management is offering to buy the fast food chain for around $1.4 billion.

Leia mais: Robinhood Slides, Wendy's Rallies | Stock Movers