Google has announced a $15-billion, five-year project to build a single AI data center in the southern Indian province of Andhra Pradesh. Between construction and permanent staff, the project will create 188,000 jobs and be Google’s largest data center outside the U.S., the company said.
Category: 21 October 2025
DELOITTE DOESN’T BLAME AI FOR MISTAKES IN A REPORT, BUT…
Deloitte, one of the global “Big Four” accounting and business services firms, has refunded to the Australian government the final portion of the payment the company received for auditing a government program that monitors job hunters’ compliance with regulations.
INVESTORS ARE BETTING AI WILL GIVE US SHORTER WORKWEEKS
MARI, a new $3-billion entertainment company formed by Hollywood mogul Ari Emanuel, is betting that AI will give people more free time in the years ahead to watch or attend sports events and other extravaganzas.
OPENAI SIGNS $1 TRILLION IN COMMITMENTS, HAS NO MONEY TO PAY FOR THEM
OpenAI, which estimates it will bring in about $13 billion in revenue this year, has signed $1 trillion worth of contracts to buy AI chips and lease access to, or help build, AI data centers.
SPOTLIGHT: BIGS GETTING BIGGER
Private equity firm BlackRock reported assets under its management at the end of the third quarter were valued at $13.46 trillion, compared to $11.48 trillion a year earlier.
SPOTLIGHT: TRUMP’S TARIFF WAR
Tariff rates and targets change so frequently that not even Trump can keep track of them.
GAZA, WEST BANK DEATH TOLL
The ceasefire in Gaza remains in place as of Tuesday, with daily violations by the Israelis as the death toll inside Gaza hit 68,229 Palestinians, along with at least 170,361 injured. There are about 10,000 Palestinians missing in the rubble.
SPOTLIGHT: DANGERS IN THE PRIVATE CREDIT MARKET
The private credit market has ballooned in recent years, reaching an estimated $3 trillion at the beginning of 2025.
TRUMP ADMINISTRATION’S ARGENTINA BAILOUT: A RISK FOR THE U.S.
The Trump administration’s effort to stabilize Argentina’s economy under the leadership of Javier Milei, President Donald Trump’s friend, carries a big risk for the White House that bills itself “America First.”
TOP TREND 2024, EV GO FU: GM WRITES OFF $1.6 BILLION AS FEDERAL EV TAX CREDIT ENDS
General Motors will take a $1.6-billion charge against its third-quarter earnings to recalibrate its electric vehicle (EV) plans now that the federal tax credit of up to $7,500 on EV purchases has ended, the company announced last week.









