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According to a latest report released by Morgan Stanley, global corporate capital expenditure in the AI infrastructure is expected to reach an astonishing level by 2025, nearly equivalent to the total cost of the historic Apollo space program, which consumed about $257 billion from 1960 to 1973 (adjusted for current prices).
This inevitably raises the question: Is such a hefty investment in technology truly worthwhile? Can AI deliver value comparable ...
This inevitably raises the question: Is such a hefty investment in technology truly worthwhile? Can AI deliver value comparable ...
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Following Wall Street's lead, the Australian share market opened higher today, buoyed by positive economic data that reinforced expectations of a Federal Reserve rate cut next week in the US. This optimism is set to carry the market through to the end of the week. Gains on the ASX 200 are predominantly driven by gold miners, as gold prices reached an all-time high. $Ramelius Resources Ltd (RMS.AU)$ shares surged 8.61% to A$...
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