Jeff Bezos Foresees Data Centers in Orbit Within 20 Years

Jeff Bezos Foresees Data Centers in Orbit Within 20 Years

The Amazon founder predicts that the insatiable energy demands of artificial intelligence will drive the construction of gigawatt-scale computing facilities in space, powered by constant sunlight. Jeff Bezos, the founder of Amazon and the space exploration company Blue Origin, has predicted that the next frontier for the technology industry lies beyond Earth’s atmosphere. Speaking this…

Read More
'China's Nvidia' Cambricon at forefront of AI stock boom

‘China’s Nvidia’ Cambricon at forefront of AI stock boom

Equities Chinese tech companies dominate list of global top performers last quarter Chinese AI chip company Cambricon Technologies saw its valuation more than double in the July-September quarter. (Photo by Tomoko Wakasugi) KENSAKU IHARA and CHIHIRO ISHIKAWA October 2, 2025 03:41 JST HONG KONG/TOKYO — Chinese companies related to artificial intelligence including chipmaker Cambricon were among…

Read More
Asset manager Amundi eases China bets, eyes safer plays on valuation concerns

Asset manager Amundi eases China bets, eyes safer plays on valuation concerns

French asset manager Amundi has largely cashed out of China’s September equity rally, reallocating more of its holdings to dividend stocks amid lingering doubts about the country’s economic outlook. The European firm, which manages €2.3 trillion (US$2.7 trillion) in assets, had trimmed positions in “overvalued” Chinese stocks while selectively increasing exposure to onshore shares over…

Read More
IPO Backed By Former Texas Governor, Energy Secretary Mints Three Billionaires

IPO Backed By Former Texas Governor, Energy Secretary Mints Three Billionaires

Toby Neugebauer, chief executive officer of Fermi Inc., before ringing the closing bell during the company’s Oct. 1 IPO. Victor J. Blue/Bloomberg Plenty of billionaires have been created by the artificial intelligence and data center booms—and now, the real estate underneath the data centers is generating ten-figure fortunes, too. At least three new billionaires joined…

Read More