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Big Tech to Pour $650 Billion into AI as Risks Rise

Key Points: Tech giants plan to invest $650 billion in AI infrastructure this year. Bridgewater executive Greg Jensen warns the market has entered a "dangerous phase." Companies are cutting share buybacks to fund these massive construction projects. AI growth poses an existential threat to traditional software companies. Four of the world's largest technology companies are preparing to spend a staggering amount of money on artificial...

OpenAI Teams Up with Consulting Giants to Push Enterprise AI

Key Points: OpenAI partnered with four major firms, including Accenture and McKinsey. The alliance aims to deploy the new "Frontier" platform for businesses. Frontier helps companies build and manage autonomous AI agents. Corporate clients currently make up about 40% of OpenAI's revenue. OpenAI announced a major expansion strategy on Monday, revealing multiyear partnerships with four of the world's largest consulting firms. The artificial intelligence startup...

Oil Prices Rally in 2026 Despite Global Supply Glut

Key Points: Oil prices jumped 15 percent despite predictions of an oversupply. Sanctions on Russian producers removed 600,000 barrels per day. Strong US job numbers and cold weather boosted fuel demand. Analysts still expect prices to eventually drop to around $56. Heading into 2026, most experts agreed on one thing: oil would be cheap. Analysts predicted that the world had far more crude than it...