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CEOs are making the business case for AI—and dispelling talk of a bubble

Good morning. I spent yesterday hearing from dozens of business leaders onstage and off at the New York Times DealBook Summit, deftly moderated by Andrew Ross Sorkin. I was invited to moderate a thought-provoking breakfast conversation on the topic of mission as a driver of growth, with Vanguard President and Chief Investment Officer Greg Davis, … Read more

Andy Jassy says Amazon’s Nvidia competitor chip is already a multi-billion-dollar business

Can any company, big or small, really topple Nvidia’s AI chip dominance? Maybe not. But there are hundreds of billions of dollars of revenue for those that can even peel off a chunk of it for themselves, Amazon CEO Andy Jassy said this week. As expected, the company announced during the AWS Re:Invent conference the … Read more

How upcoming business leaders are using AI to prep for high-stakes deal negotiations—and everyday interactions 

At American University’s Kogod School of Business, students learning the art of negotiating are getting a little help from AI.  Over the past year and a half, Alexandra Mislin, professor of workplace diplomacy, has been incorporating AI into her curriculum increasingly each semester. Specifically, she’s guiding students in how to use AI chatbots to prepare … Read more

The CEO of the world’s largest data center company predicts will drive the business forward

Adaire Fox-Martin understands the needs of Big Tech. Prior to becoming CEO of Equinix (No. 446 on the Fortune 500) last year, she held senior roles at Google, SAP and Oracle. Now, the Irish-born former teacher is driving the expansion of the world’s largest global data center network, with more than 273 data centers in 36 countries. Fox-Martin recently … Read more

Tricky labor reset — balancing business interests with worker welfare

This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. The big story India lives in contradictions — think landing a spacecraft on moon but not getting basic infrastructure right, or being the world’s fastest growing economy that has millions struggling … Read more

France’s Essec Business School hopes to train ‘future-fit’ students amid geopolitical shifts, says Dean Vincenzo Vinzi

Higher education has a duty to “train the leaders of tomorrow,” says the head of one of Europe’s leading business schools, as geopolitics threatens to decouple economies, reverse globalization, and shake up the traditional pathways for talent and migration.  “[Globally,] there is this sense of fragmentation,” Vincenzo Vinzi, the dean of ESSEC Business School, tells … Read more

UK supermarkets set to be hit by higher business rates after Treasury U-turn

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Leading supermarkets in the UK are braced for a multimillion-pound tax hit after being told they will not secure a reprieve from higher business rates in the Budget following a Treasury U-turn. Big grocers have … Read more

This 26-year-old’s blue-collar business brings in $1.3 million a year

Zames Chew and Amos Chew are the co-founders of Repair.sg. Courtesy of Repair.sg Growing up, Zames Chew thought he wanted to work a white-collar role at a company like Google, but his career took a different turn. Today, the 26-year-old runs the Singapore-based handyman service Repair.sg, alongside his 24-year-old brother and co-founder, Amos Chew. In … Read more

Meta wants to get into the electricity trading business

In order to accelerate the construction of new power plants needed to provide energy for its data centers, Meta is looking to get into the business of trading electricity. Bloomberg reports that both Meta and Microsoft are asking for federal approval to trade power (Apple has already received this approval). According to Meta, this will … Read more

‘Rich dad’ Kiyosaki sells Bitcoin for over $2 million to invest in surgery centers and a billboard business

Key Takeaways Robert Kiyosaki sold over $2 million in Bitcoin to invest in surgery centers and a billboard business. Kiyosaki remains bullish on Bitcoin and plans to repurchase with his increased cash flow. Share this article “Rich Dad Poor Dad” author Robert Kiyosaki cashed out over $2 million in Bitcoin to put money into surgery … Read more

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