Big Tech Doubles AI Spending to $350 Billion Amid Model Race

Excerpt from Bloomberg: “Washington wants in on the artificial intelligence gold rush.”

Excerpt from Bloomberg: “The largest builders of artificial intelligence data centers have doubled their debt load in the last five years, turning to borrowing to finance an unprecedented spending spree they claim is needed to transform the economy.”

Excerpt from TheStreet: “Shoppers say it's "good for easy everyday use."”

Excerpt from Bloomberg: “Indonesian officials sought to play down signs of a rift between security agencies after police raids in Jakarta brought several alleged graft cases into public view and drew a senior prosecutor into a widening controversy.”

Excerpt from Bloomberg: “Milky Mist Dairy Food Ltd. is gearing up to launch its 20.35 billion rupees ($213 million) initial public offering as early as July, according to people familiar with the matter, paving the way for what is expected to be India’s largest dairy-sector IPO.”

Excerpt from Bloomberg: “Belle Burden’s hit memoir about how she nearly lost control of her fortune during her divorce is pushing women across the US to take a harder look at their financial lives. Bloomberg's Abha Bhattarai has more. (Source: Bloomberg)”

Excerpt from Bloomberg: “Currency traders are starting to buy protection against bigger exchange-rate swings after months of calm, as banks warn that shifting Federal Reserve expectations and elevated geopolitical tensions could be about to jolt markets.”

Excerpt from Bloomberg: “A selloff in Absa Group Ltd. shares may have further to run as the South African lender’s disappointing earnings guidance causes once-bullish analysts to turn cautious on the stock.”

Excerpt from Bloomberg: “Turkey is seeking Russia’s consent to transfer air defense systems it bought from Moscow to a third country, an effort aimed at clearing the way for the purchase of US-made F-35 fighter jets.”

Excerpt from Bloomberg: “The European Union accused Meta Platforms Inc. of using addictive design and disregarding the risks it poses to children, as the bloc ramps up an investigation into the US social media company.”

Excerpt from Bloomberg: “President-elect Keiko Fujimori seems unwilling to ditch her father’s legacy of ties to Beijing.”

Excerpt from Bloomberg: “Spanish Economy Minister Carlos Cuerpo said he sees a chance to revisit the idea of joint borrowing within the European Union, despite initial skepticism to a proposal he made on the subject this week from member states such as Germany and the Netherlands. Cuerpo made the…”

Excerpt from Bloomberg: “Former Thai premier Thaksin Shinawatra met Indonesian President Prabowo Subianto in Jakarta in his first high-profile overseas appearance since his release from jail, confirming his continuing role as an adviser to sovereign wealth fund Danantara.”

Excerpt from Bloomberg: “Spanish Economy Minister Carlos Cuerpo discusses the idea of joint borrowing within the European Union, saying there is a "new window of opportunity" despite initial skepticism to a proposal he made on the subject this week. “Fragmentation is costing us dearly," Cuerpo tells…”

Excerpt from Bloomberg: “German lawmakers approved a comprehensive overhaul of the country’s statutory health-insurance system that forces drug-price reductions on pharmaceutical companies as part of a wider drive to cut billions of euros in costs.”

Excerpt from Bloomberg: “In this episode of Bloomberg Tech: Europe, Bloomberg’s Tom Mackenzie launches into Europe's efforts to develop its burgeoning space economy. SpaceX has shown the might of American space technology - and financial muscle - with its record-breaking IPO. Bloomberg Tech: Europe…”

Excerpt from Bloomberg: “SK Hynix Inc. is hardly a household name. But the maker of memory chips, which two decades ago was struggling to survive, is now South Korea’s second-most valuable listed company, just behind Samsung Electronics Co.”

Excerpt from Bloomberg: “Bright Data Ltd., an Israel-based startup that sells web scraping tools and datasets, is set to announce a $1 million “bug bounty” to root out bad actors as law enforcement steps up scrutiny of its industry.”

Excerpt from TheStreet: “They're lightweight, comfortable, and breathable.”

Excerpt from TheStreet: “Short sellers usually do not receive much sympathy when stocks are climbing. And when the surge is linked to artificial intelligence, record highs, and a White House keen to take credit for investor gains, they make even easier targets. Which is what made U.S. President Donald…”

Excerpt from TheStreet: “"Very helpful in cooling me down during this summer heatwave."”

Excerpt from Bloomberg: “Bayer AG sold a minority stake in its contraceptives business to Apollo Global Management Inc. for €3 billion ($3.4 billion) and will use the funds raised to help cover its ballooning litigation costs tied to the herbicide Roundup.”

Excerpt from TheStreet: “Wall Street has spent the first half of 2026 worrying about SpaceX and its Starlink satellite service crashing the wireless party. Shares of T-Mobile are down 10% in 2026 in light of investor concerns about competition from SpaceX (SPCX) and peers.   Yet one of Wall…”

Excerpt from TheStreet: “"This is my first e-bike, and it’s fantastic."”

Excerpt from TheStreet: “"Beautiful. Excellent quality," one shopper said.”

Excerpt from Bloomberg: “Gold headed for a weekly loss as investors assessed the fallout from renewed fighting in the Middle East and the prospects for interest-rate hikes to combat inflation.”

Excerpt from Bloomberg: “Andy Burnham will replace Keir Starmer as Britain’s next prime minister, after securing the support of enough Labour MPs to prevent a rival challenger.”

Excerpt from GitHub: “This is MCP server for Claude that gives it terminal control, file system search and diff file editing capabilities”

Excerpt from GitHub: “Incredibly fast JavaScript runtime, bundler, test runner, and package manager – all in one”

Excerpt from GitHub: “Abseil Common Libraries (C++)”

Excerpt from GitHub: “Production-grade engineering skills for AI coding agents.”

Excerpt from GitHub: “A YAML parser and emitter in C++”

Excerpt from GitHub: “Skills for Real Engineers. Straight from my .claude directory.”

Excerpt from GitHub: “An agentic skills framework & software development methodology that works.”

Excerpt from GitHub: “TypeScript is a superset of JavaScript that compiles to clean JavaScript output.”

Excerpt from GitHub: “A modern, C++-native, test framework for unit-tests, TDD and BDD - using C++14, C++17 and later (C++11 support is in v2.x branch, and C++03 on the Catch1.x branch)”

Excerpt from GitHub: “Asio C++ Library”