A big player in the AI world is making a huge bet on the future. They are planning to spend a whopping $50 billion to build special data centers in the U. S. These centers will be used for AI work and are set to pop up in places like Texas and New York. This isn't just any project. It's the first t
Novartis, a Swiss pharmaceutical giant, has just opened a new manufacturing plant in Carlsbad, California. This facility is part of a bigger plan to invest $23 billion in the United States over the next five years. The focus of this new plant is on making cancer drugs, specifically for a treatment c
The United States remains the go-to destination for global investment, according to top finance executives. At a recent gathering in Saudi Arabia, these leaders shared their optimism about the U. S. economy, downplaying fears of a slowdown. They believe the U. S. offers better opportunities compared
South Korea and the United States are having a serious chat about money. The South Korean finance minister, Koo Yun-cheol, said they're close to a deal but kept the details under wraps. This isn't about swapping cash directly, according to Yonhap news agency, which got the scoop from an anonymous so
A major South Korean automaker is set to reveal a substantial financial commitment to the United States. This move is part of a broader trend of foreign companies investing heavily in American manufacturing. The focus is on creating jobs and boosting the economy. The announcement will take place at
Taiwan's TSMC, the world leader in making advanced microchips, recently announced a massive $100 billion investment in the U. S. This news has sparked a mix of reactions in Taiwan. Some see it as a strategic move to secure the company's future, while others view it as a troubling sign of political p
Japanese technology giant SoftBank and President-elect Donald Trump have unveiled a massive $100 billion investment plan aiming to boost growth in artificial intelligence (AI) and infrastructure projects in the United States. The initiative, first reported by CNBC, aims to generate 100, 000 jobs ove
The U. S. Treasury Department has put forth a new rule to prevent American investors from helping China develop advanced military technology. This rule, which will take effect on January 2, 2024, is a follow-up to an executive order issued by President Joe Biden back in August 2023. The goal is to r
