Tag: CNBC

Economy and TradingPolicy

Federal Reserve’s Miran Urges Rate Cuts Amid Trade Uncertainty, Citing Downside Risks

Federal Reserve Governor Stephen Miran stated that escalating trade uncertainty has increased downside risks, making rapid interest rate cuts more urgent. He emphasized during a CNBC event that policymakers must reflect these risks in monetary policy decisions.

Federal Reserve Governor Stephen Miran has issued a stark warning about the economic impact of recent trade tensions, stating that increased uncertainty makes interest rate cuts more urgent for policymakers. During a Wednesday event organized by CNBC, Miran emphasized that the growing trade policy uncertainty between the United States and China has created new vulnerabilities in the economic outlook that demand immediate policy response.

Miran’s Assessment of Economic Risks

by Tyler Brooks P.E
BusinessStartups

Nscale Plans IPO Following $14 Billion Microsoft AI Infrastructure Deal

London-based AI infrastructure provider Nscale has confirmed public market ambitions following a massive $14 billion expanded partnership with Microsoft. The deal involves supplying approximately 200,000 NVIDIA GB300 GPUs to the tech giant, with a potential IPO timeline targeting late 2025.

Artificial intelligence infrastructure company Nscale has confirmed its intention to pursue an initial public offering following the announcement of a monumental $14 billion expanded partnership with technology behemoth Microsoft. The London-based firm, which specializes in scaling AI technologies through advanced infrastructure solutions, revealed both developments Wednesday, signaling a significant maturation of the AI cloud sector.

Nscale’s Public Market Ambitions

by Megan Carter