11 results

• TechBig Tech does not want to buy every AI chip from the same shelf.Nvidia remains the center of the AI-computing boom, but cloud companies are also designing custom silicon for specific workloads. Marvell’s rising forecasts show how valuable that second market is becoming.
• CultureFashion still says autumn. The weather increasingly does not.Paris Fashion Week reached 28°C as retailers were trying to sell coats and knitwear. Longer, hotter summers are creating a basic mismatch between the traditional fashion calendar and the weather customers actually experience.
• MoneyWeight-loss drugs are becoming a snack-company problem.PepsiCo is already fighting inflation, weak snack volumes and investor pressure. GLP-1 drugs add a more structural question: what happens to a food business built around frequent snacking when some customers feel less hungry?
• TechGoogle just signed for 3.6 gigawatts of power. AI is turning tech companies into energy companies.Google’s new Constellation Energy agreement covers 3,590 MW of power, including 890 MW of added nuclear capacity. The deal shows how AI competition is moving from chips and models into electricity, grids and long-term energy contracts.
• ExplainedWhy do AI data centers use so much electricity?AI computing concentrates thousands of power-hungry chips in facilities that run continuously. The electricity demand comes from computation, memory, networking, cooling and the simple fact that useful AI services have to answer requests all day.
• CultureHollywood just put Batman, Harry Potter, Star Trek, HBO, CNN and CBS under one roof.Paramount completed its $110 billion takeover of Warner Bros Discovery, creating Skydance, a media giant spanning two film studios, HBO, CBS, CNN, streaming services, sports and some of entertainment's biggest franchises.
• MoneyWhy is cheap long-haul flying so hard to make profitable?Norse Atlantic is flying with reduced capacity as jet-fuel prices squeeze its economics. The problem is broader than one airline: long-haul flying combines expensive aircraft, volatile fuel, thin margins and fewer ways to recover when something goes wrong.
• ExplainedHow can a medicine change what supermarkets sell?GLP-1 medicines reduce appetite and food intake for many users. At population scale, that can alter portion sizes, snacking frequency and the types of foods companies choose to develop, even though the medicines are not food products themselves.
• MoneyRich people can get richer while luxury brands still sell less.Citi credit-card data showed U.S. luxury purchases down 6% year over year in September, even as top-end wealth remained resilient. The reason is that wealth, confidence, value perception and willingness to spend are not the same thing.
• MoneyBrazil voted on Sunday. Markets voted on Monday.Flávio Bolsonaro led Brazil’s first-round presidential vote 47% to 45% over Luiz Inácio Lula da Silva. The next trading session, Brazilian stocks surged. The useful question is not which candidate markets ‘like’. It is which policy probabilities investors suddenly changed.
• TechSearch used to send you somewhere. Now it wants to answer you first.Google Search was built around a simple bargain: ask a question, get a list of places that might contain the answer. AI is changing that bargain. Increasingly, the answer arrives before you visit anywhere.