India now makes one in four iPhones, but its dependence on imported components remains substantial. Bloomberg Opinion columnist Andy Mukherjee says the country's manufacturing gains may not justify the growing taxpayer subsidies needed to replicate China's success. (Source: Bloomberg)

Spain is easing rules for data center power usage after an initial government proposal faced strong industry backlash.

AirTrunk secured a A$4.25 billion ($3 billion) green loan to finance the development of a Sydney data center campus, a signal of confidence in a sector that’s taken a slew of hits in recent weeks.

Victor Khosla, Founder and CIO of Strategic Value Partners, discusses headwinds worsening since his previous appearance. While markets have already repriced amid mounting pressure, he says risks remain unusually high: whereas he would normally put the chance of severe tail events at about 5%, he estimates a 20% to 30% chance that such risks could materialize now. He speaks with Romaine Bostick & Kristine Aquino on "The Close." (Source: Bloomberg)

Anthropic’s IPO filing outlines a governance structure in which seven cofounders direct Class F shares representing about 50.1% of total voting power on key issues. Nell Minow, Chair at ValueEdge Advisors, says the filing asks investors to trust a multilevel structure: an independent board would appoint most directors, while the founders retain controlling votes. She speaks with Romaine Bostick & Kristine Aquino on "The Close." (Source: Bloomberg)

With the release of AI agents like Meta's Muse, tech companies are promising consumers that they will start saving them tons of money by finding the best deals. On this episode of the Odd Lots podcast, President and CEO of Groundwork Collaborative Lindsay Owens joins Joe Weisenthal and Tracy Alloway to discuss her think tank's research into agentic commerce and how agents may not be operating in the best interest of the consumer. (Source: Bloomberg)

Applied Materials Inc. boosted its stake in fellow chip-equipment maker BE Semiconductor Industries NV and vowed to step up their work together, citing the European company’s growing role in energy-efficient AI computing.

Anthropic PBC’s filing for a landmark initial public offering included nearly 100 pages of risk factors, an unusually exhaustive set of disclosures for how the company’s artificial intelligence business could go awry.The list included everything from slowing revenue growth and government regulation to “catastrophic or existential risks to humanity.” The scope of the risks hints at unique challenge public market investors face in gauging the promise and peril of Anthropic’s […]