Esteban Tesson

Meta Unveils Four New AI Chips to Reduce Its Reliance on Nvidia and AMD

The group is accelerating the development of in-house processors to optimize its data centers and support the rise of generative AI.

March 11, 2026 at 11:14 pm

Nebius shares jump after Nvidia's $2bn investment

The chipmaker is doubling down on its artificial intelligence infrastructure strategy by backing cloud specialist Nebius.

March 11, 2026 at 10:36 pm

Starboard presses CarMax to overhaul its digital platform and cut costs

Activist fund Starboard Value has urged CarMax to conduct a deep overhaul of its digital platform for buying and selling used vehicles and to tighten cost discipline. In a letter to incoming CEO Keith Barr, the fund said the company is "well below its potential". It notably recommends simplifying the online trade-in process and improving conversion rates to regain market share in a sector increasingly shaped by digital comparison shopping.

March 11, 2026 at 10:00 pm

Nebius shares jump after Nvidia makes $2bn investment

The chipmaker is bolstering its artificial intelligence infrastructure strategy by backing cloud specialist Nebius.

March 11, 2026 at 09:20 pm

Nebius shares jump after Nvidia makes a $2bn investment

The chipmaker doubles down on its artificial intelligence infrastructure strategy by backing cloud specialist Nebius.

March 11, 2026 at 08:49 pm

A Republican senator still has reserves on Kevin Warsh's nomination to lead the Fed

Republican Senator Thom Tillis said he would not lift his opposition to Kevin Warsh's nomination as chairman of the Federal Reserve. Speaking to reporters at the Capitol, the North Carolina lawmaker said no statement from the nominee could change his position, even during their meeting scheduled for later in the day. He said that his refusal was not directed at Warsh personally but at the process surrounding the nomination.

March 11, 2026 at 02:20 pm

XAI wins approval to build gas-fired power plant to supply its data centers

The Mississippi plant, meant to support Elon Musk's company's artificial intelligence infrastructure, is facing opposition from residents and environmental groups.

March 11, 2026 at 01:54 pm

AT&T plans $250bn in US network investments

The telecom operator wants to bolster its infrastructure to meet rapidly growing demand driven by AI, cloud computing and connected devices.

March 11, 2026 at 01:51 pm

Oracle beats Q3 expectations on AI demand

The US group is benefiting from the boom in artificial intelligence to accelerate growth in its cloud services and top analysts' forecasts.

March 11, 2026 at 01:46 pm

Oracle tops third-quarter expectations on AI-driven demand

The US group is riding the artificial intelligence boom to accelerate growth in its cloud services and beat analysts' forecasts.

March 11, 2026 at 04:28 am

A Republican senator keeps his hold on Kevin Warsh's Fed nomination

Republican Senator Thom Tillis said he would not lift his objection to Kevin Warsh's nomination to serve as chair of the Federal Reserve. Speaking with reporters at the Capitol, the North Carolina lawmaker said nothing the nominee says would change his position, even during their scheduled meeting later in the day. He said his refusal is not about Warsh personally, but about the process surrounding the nomination.

March 11, 2026 at 04:16 am

XAI Wins Approval to Build a Gas-Fired Power Plant to Supply Its Data Centers

The Mississippi plant project, intended to support the Elon Musk company's artificial intelligence infrastructure, is drawing opposition from residents and environmental groups.

March 11, 2026 at 03:44 am

AT&T plans $250bn in U.S. network investment

The telecom operator wants to bolster its infrastructure to keep up with rapidly rising demand tied to AI, cloud computing and connected devices.

March 11, 2026 at 03:19 am

A judge temporarily blocks Perplexity's AI shopping agent on Amazon

US courts say Amazon has provided strong evidence of unauthorized access to the site by the Comet artificial-intelligence browser.

March 11, 2026 at 02:53 am

A judge temporarily blocks Perplexity's AI shopping agent from accessing Amazon

US courts say Amazon has provided strong evidence of unauthorized access to the site by the Comet artificial intelligence browser.

March 11, 2026 at 02:14 am

Amazon reviews outages linked to the use of AI-assisted code

March 11, 2026 at 01:27 am

Nvidia invests in Mira Murati's AI start-up Thinking Machines Lab

The US group is stepping up its artificial intelligence strategy by backing the young company founded by the former OpenAI executive.

March 11, 2026 at 01:24 am

Nvidia invests in Mira Murati's AI start-up Thinking Machines Lab

The American group is doubling down on its artificial intelligence strategy by backing the young company founded by the former OpenAI executive.

March 11, 2026 at 12:49 am

Amazon reviews outages tied to AI-assisted coding

March 11, 2026 at 12:27 am

Citigroup forecasts sustained growth in its investment banking and markets businesses

Citigroup expects around 15% growth in its investment banking fees and markets revenue in Q1, chief executive Jane Fraser said at a conference hosted by RBC. Growth is driven by the strength of equity and bond markets, which is supporting activity in the bank's capital markets division.

March 11, 2026 at 12:17 am

Bill Ackman prepares a dual Wall Street listing for Pershing Square

Billionaire and activist investor Bill Ackman has filed paperwork to list his hedge fund Pershing Square in the United States, along with a new investment vehicle called Pershing Square USA. The transaction could enable him to join the small group of listed alternative asset managers, with his fund managing about $30.7bn in assets.

March 11, 2026 at 12:12 am