fortune.com · Sun 8 Nov

Sunday 8 November

Stocks will tumble much further as AI investment will slow next year then fall in 2028 and drag GDP down too, economist predicts

AI-generated summary Capital Economics predicts that stock markets and gross domestic product will face downward pressure as artificial intelligence investments eventually slow down. Chief Economic Adviser Vicky Redwood says that while artificial intelligence will continue boosting productivity, expected revenue generation may not sustain current capital expenditure rates.

Anthropic reportedly strikes $3.4 billion deal for gas-fired power at data centres By Investing.com

AI-generated summary Investing.com reports that Anthropic has secured a $3.4 billion agreement for gas-fired generators to power its data centres. The Financial Times reported that the transaction involves 1.7 gigawatts of heavy-duty generators from OnePWR Solutions.

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