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UniCredit Reclaims Securities Services from Societe Generale

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Oil prices shift amid Middle East tensions

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Indonesian Market Reacts to Morgan Stanley Warning

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Inskel seeks $45B computing deal with Anthropic

Inskel seeks $45B computing deal with Anthropic

Incel, a company supported by NVIDIA, is in talks to sell computing capabilities valued at approximately $45 billion to Anthropic, the developer of the AI model "Claude." The deal involves establishing a second facility within the Monarch data center campus in West Virginia, providing up to 460 megawatts of computing power using NVIDIA's advanced chips. This agreement comes amid fluctuations in the AI market, where investors are pressuring to lower Anthropic's valuation following the decline of some companies, and where businesses face challenges such as delays in power delivery to data centers, impacting AI expansions.

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The Economy News page on Jarayid.com provides up-to-date coverage of major economic developments across the Arab world and globally, including markets, banking, companies, oil and energy, trade, investment, real estate, jobs, and inflation. We summarize important economic news and reports from trusted sources in a clear and concise format, helping readers quickly understand the trends, decisions, and events shaping economies, businesses, and financial markets.

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