The U.S. economy is on trend to contract by 1.5 percent in the current quarter, according to GDPNow, the Federal Reserve Bank of Atlanta’s gauge that monitors incoming economic data.
Category: 4 March 2025
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MAKING AMERICA GREAT IS ALL ABOUT ISRAEL
After Donald Trump began to pull together his cabinet and inner circle it became pretty clear that the overwhelming tie that bound the group together was its embrace of Israel and everything that it is doing.
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SPECIAL REPORT: CHINA’S AI SURGE
DeepSeek roiled the AI industry and financial markets last month with news of its world-class R1 model made on the cheap. The news set off a tsunami of Chinese investment and focus on the potential of domestic AI.
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AI FERVOR REACHES EUROPE
Fourth-quarter earnings among tech companies in the MSCI Europe stock index grew by an average of 5.5 percent, compared to analysts’ forecasts of 0.5 percent.
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MICROSOFT CANCELS LEASES ON DATA CENTERS
Microsoft, which had budgeted $80 billion this year to build out its AI infrastructure, has been canceling leases on “a substantial amount of data center capacity,” Bloomberg reported.
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DEEPSEEK WILL NOT SLOW DEMAND FOR DATA CENTERS, SUPPLIER SAYS
The kind of cheaper, less energy-intense AI created by Chinese start-up DeepSeek will not slow the headlong demand for AI data centers around the world, according to Schneider Electric, a major supplier of electrical infrastructure to the centers and other industrial sites.
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ROBBER BARONS 2.0: 24 PEOPLE AROUND THE WORLD NOW QUALIFY AS ‘SUPERBILLONAIRES’
Twenty-four people around the world are now considered “superbillionaires” because they’ve acquired a net worth of $50 billion or more—a major jump even among their fellow billionaires.
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AI BOOM A PUBLIC HEALTH BUST
A newly released study found that AI infrastructure development in the U.S. has increased the costs of treating illnesses tied to the air pollution generated by these facilities.
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BLOOD TEST PROMISES TO DETERMINE ORGAN ‘AGE’ AND OFFER WINDOW INTO DISEASE RISK
Blood tests that identify “organ-specific biological markers” could help individuals determine possible future health issues.
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WHAT IS NIH HIDING? AGENCY REPORTEDLY REDACTS THOUSANDS OF PAGES ON WIRELESS RADIATION
Miriam Eckenfels, the director of Children’s Health Defense’s Electromagnetic Radiation and Wireless Program, noted that her group filed a FOIA to learn exactly why the government stopped the research given the previous “smoking gun.”