CNBC’s Silvia Amaro reviews Thursday’s four biggest stories from the World Economic Forum’s annual meeting in Davos.
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CNBC’s Silvia Amaro reviews Thursday’s four biggest stories from the World Economic Forum’s annual meeting in Davos.
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Anthropic is ramping up a push to secure European data center deals to power its AI models, as it looks to hire a role for negotiating compute capacity in the region. U.S. hyperscalers’ AI infrastructure expenditure is set to top $600 billion in 2026. Anthropic is looking to capitalize on the boom and has announced […]
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“We are facing the biggest energy security threat in history,” Fatih Birol, the head of the International Energy Agency (IEA), told CNBC Thursday. “As of today, we’ve lost 13 million barrels per day of oil … and there are major disruptions in vital commodities,” he told Steve Sedgwick virtually at CNBC’s CONVERGE LIVE in Singapore. Birol […]
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Shares of the world’s largest cosmetics company L’Oreal popped as much as 10% after it reported strong growth ahead of expectations after the bell on Wednesday. Organic sales growth in the first quarter was 7.6%, compared to expectations of around 3%, according to analysts. Underlying growth was “very impressive,” said Barclays analysts. “Cosmetics markets growth of […]
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