Silicon Valley

THE BROAD VIEW

The pope disrupts Silicon Valley

Unlike the US president, the pontiff is choosing to grapple with the serious challenges of AI

Bullion was near US$4,510 an ounce in early trading, having fallen 1.4% on Tuesday.

Gold holds loss as traders weigh prospects for US-Iran deal

GOLD held a loss, as fresh clashes in the Persian Gulf weighed on hopes for a US-Iran peace deal and reinforced concerns that inflation could keep interest rates higher for longer.

Traders ramped up rate-hike bets as the war sent energy prices soaring and fanned inflation concerns.

Gold slips as strikes raise concerns on Iran talks, inflation

Bullion has slumped around 14% since the conflict erupted in late February

Singapore is the one place in Asia where global labs, Middle Eastern sovereign capital and Asean enterprise buyers can sit in the same room with minimal political friction.
THE BROAD VIEW

The Silicon Valley-Singapore bridge: bringing AI to the world

The moment to define the next decade of artificial intelligence deployment in Asia is now

By striking these deals, Sam Altman widens the group of companies and investors with a vested interest in helping OpenAI succeed.

Chipmaker Cerebras joins OpenAI’s inner circle – for a price

Launching into the magic of the Altman-osphere could prove to be quite a windfall

Nvidia's US$20 billion “non-exclusive licensing arrangement” with Groq sounds like an outright purchase, but is more of a backdoor acquisition aimed at dodging an antitrust review, says the writer.

How Silicon Valley will eat its AI competitors in 2026

A loss of confidence in AI could lead to a fire-sale for startups and accelerate consolidation among Big Tech

Microsoft’s cloud revenue was up 20% compared with last year, much of the boost attributed to the Azure platform and AI use within that.
THE BOTTOM LINE

AI spending is the only certainty in Silicon Valley right now

Tariffs loomed over quarterly technology earnings but didn’t derail the artificial-intelligence express

Expensive markets with little room for new construction, such as New York and Boston, have seen prices shoot higher, leaving little hope for budget-conscious shoppers.

Silicon Valley’s hot market fuels bidding wars on US$4 million fixer-uppers

The housing market that includes much of Silicon Valley ranks as the most competitive in the US, according to a Zillow analysis of the 50 biggest metro areas

Low rates encourage more consumer spending because there is little incentive to keep money in a savings account.

Silicon Valley investors rejoice at Fed’s interest rate cut

Wall Street rejoiced over this week’s interest rate cuts, but there’s another investor class that was just as enthusiastic: venture capitalists.