Companies are pushing ahead with acquisitions despite geopolitical uncertainty, volatile energy markets and the uneven effects from the rise of artificial intelligence, Morgan Stanley’s Tom Miles said in a Bloomberg TV interview.
Cabinets housing servers inside a data hall at a NextDC Ltd. data center in Sydney, Australia, on Monday, Dec. 8, 2025. OpenAI partnered with Australian data center operator NextDC to build a A$7 billion ($4.6 billion) large-scale computing cluster in Sydney, accelerating its expansion in the Asia-Pacific region.
Microsoft Corp. is in exclusive talks with Chevron Corp. and investment fund Engine No. 1 over a long-term deal that would underpin a giant power plant in West Texas, providing electricity to a large data center campus.
A Microsoft store in New York, US, on Tuesday, July 22, 2025. Microsoft Corp. accused Chinese state-sponsored hackers of using flaws in its SharePoint document management software in a hacking campaign that has targeted businesses and government agencies around the world. Photographer: Adam Gray/Bloomberg