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Showing posts from August 3, 2025

Iran War Updates: Trump Meets With Cabinet Over Whether to Intensify Iran Strikes - The New York Times

Iran War Updates: Trump Meets With Cabinet Over Whether to Intensify Iran Strikes The recent escalation of tensions between the United States and Iran has sparked a heated debate about the potential consequences of military action. With the Trump administration considering intensifying strikes against Iranian targets, the international community is holding its breath, waiting to see how the situation will unfold. The meeting between President Trump and his cabinet members is a critical step in determining the course of action, and the outcome could have far-reaching implications for global stability and security. Introduction to the Conflict The conflict between the United States and Iran has been simmering for decades, with periods of heightened tensions and relative calm. However, the recent drone strike that killed top Iranian military commander Qasem Soleimani marked a significant turning point in the relationship between the two nations. The attack sparked outrage in Iran, wit...

Meta will sell $2 billion worth of assets to split the cost of AI infrastructure.

In a filing on Thursday, Meta Platforms (META.O) revealed plans to sell $2 billion worth of data center assets as part of its ongoing efforts to find outside partners to help finance the enormous infrastructure required to power artificial intelligence.  As they struggle with the skyrocketing cost of constructing and powering data centers to support generative AI, tech giants, who have historically been known for self-funding growth, are adopting a different approach. In order to help fund its significant capital expenditure for the upcoming year, the social media behemoth announced earlier this week that it was looking into ways to collaborate with financial partners to co-develop data centers. On a conference call following Wednesday's earnings, Meta Chief Finance Officer Susan Li stated, "We're looking into ways to collaborate with financial partners to co-develop data centers." According to Li, the company still anticipates funding a large portion of its capital ...