U.S. power giants NextEra Energy and Dominion Energy announced plans Monday to merge in the largest electricity deal — by far — since the mainstreaming of AI.
Why it matters: The deal, if approved by regulators, would enable massive scale as the industry looks to expand generation and related infrastructure to meet rising demand.
The tech and AI infrastructureindustries are stepping up efforts to challenge the narrative that consumers are getting stuck with the bill for data center growth.
Why it matters:New analysis arguing the AI boom hasn't hit household budgets arrives amid a backlash to huge data centers.
Government bond yields around the world, including in the U.S., are hitting multi-decade highs as investors price in higher for longer inflation due to the Iran war.
Why it matters: The interest rates, or yields, that governments pay on their debt can drive the global economy — when rates are low, countries can spend more freely and drive economic growth.
