Markets

A new Kentucky AI data center will power Anthropic as part of a 20-year deal

Kentucky is set to become home to a massive new artificial intelligence data center that will power Anthropic’s AI models under a deal expected to generate nearly $20 billion in revenue.TeraWulf, a Bitcoin mining company turned AI data center developer, announced Monday that Anthropic signed a 20-year lease for a…

Trump says Walmart will lower prices after White House request

President Donald Trump said Monday that Walmart has agreed to lower prices on a range of products after a request from his administration tied to the nation’s 250th anniversary celebrations.In a post on Truth Social, Trump said Walmart would reduce the price of a pound of ground beef by “almost”…

How Xbox became the poster child for the video game industry’s struggle

The video game industry’s problems are crystallizing inside Microsoft’s Xbox.A fresh round of layoffs at the tech giant’s games division shows how those pressures are coming home to roost as costs rise and players devote more time to a just a handful of favorites. Plus, there are some Microsoft-specific problems…

XAI makes its rebrand to SpaceXAI complete with a new logo

xAI is no more.The AI company founded by Elon Musk and acquired by his rocket company earlier this year has officially rebranded to SpaceXAI, debuting a new logo and an update to its username on X.SpaceX acquired xAI — including its flagship chatbot, Grok, as well as X — in…

Why the Ultrarich Spend Millions on Custom Rolls-Royces

Rolls-Royce cars have never been more expensive. While a new Rolls-Royce starts at around $370,000, many buyers spend hundreds of thousands, even millions, more on customizations. Some owners, like the car influencer Supercar Blondie, pay aftermarket companies more to modify their cars than they paid for the vehicle itself.Rolls-Royce customizes…