Meta has invested heavily in generative AI, with the majority of its planned $72 billion in capital expenditure this year earmarked for data centers and servers. The deal underlines the high price AI companies are willing to pay for data that can be used to train AI models. Zuckerberg pledged last year that his company’s
The Fond du Lac Band of Lake Superior Chippewa unveiled a new biomass heating facility at the Brookston Community Center. The opening featured Fond du Lac Band Leadership, project partners, and a traditional blessing. The facility will use wood chips from a local forestry business that feed a large boiler that sends heat to the
Stay informed with free updates Simply sign up to the German politics myFT Digest — delivered directly to your inbox. Germany plans to make its faulty railway network its first priority as it seeks to fast-track spending from its €500bn infrastructure fund designed to lift Europe’s largest economy out of stagnation. Vice-chancellor and finance minister
• A bipartisan coalition of 42 state attorneys general sent a letter to Meta demanding immediate action against investment scam advertisements running on Facebook and other platforms • Scam ads use images of well-known investors to lure users into “pump and dump” schemes through WhatsApp groups, with some victims losing their entire life savings •
Sen. Dave McCormick, R-Pa., discusses President Donald Trump’s executive orders to boost U.S. energy on ‘Kudlow.’ EXCLUSIVE: When Sen. David McCormick was growing up in Bloomsburg – at the edge of Pennsylvania’s anthracite coal region – he never envisioned the area being economically revitalized as a linchpin for the cloud computing and AI industries, he
Getting behind the wheel is about to get a little more expensive. Tariffs could raise the price of car insurance by nearly ten percent later this year. General Motors is investing $4 billion in its U.S. plants over the next two years to boost the manufacturing of gas and electric vehicles. With the multibillion-dollar investment,
Key takeaways Targeted large language model (LLM) testing is crucial to uncover hidden vulnerabilities that traditional security metrics miss. Implementing a proactive security framework for robust LLM deployment is key to ensuring secure and effective AI adoption. Fujitsu’s ‘LLM vulnerability scanner’ can assess LLMs against 7,700 attack vectors and mitigate potential threats. Imagine using an
Focusing on estate planning can save tens of millions in taxes for wealthy families getty The Alpha Opportunity Hiding in Plain Sight In the investment world “alpha” is a measure of outperformance—those precious extra risk-adjusted returns that skilled managers generate above benchmarks. Investment firms and family offices dedicate enormous resources to finding it by vetting
Leo Naut, deputy executive director of Caribbean Export, speaking to journalists duing a recent Jamaica Observer Business Forum held at the paper’s Beechwood Avenue address in Kingston. (Photo: Joseph Wellington) A focus on investments in emerging industries such as agribusiness and the green economy is expected to take centre stage next month as the fourth
Stay informed with free updates Simply sign up to the Energy sector myFT Digest — delivered directly to your inbox. A German start-up has secured a record €130mn in funding to develop its fusion energy technology, as investors step up bets on Europe’s potential in the race to create abundant zero emissions power by combining