Letter: Democratic senators question Meta's $6.6B in federal tax
Letter: Democratic senators question Meta's $6.6B in federal tax credits claimed over the past two years toward costs of building "experimental" AI data centers
TL;DRDemocrats question whether Meta's $6.6B tax credits for AI data centers are legitimately justified.
Why it matters: Sets precedent for how tech giants claim R&D tax breaks and scrutinizes AI infrastructure subsidies.
Bloomberg is making its ASKB conversational AI interface available
TL;DRBloomberg Terminal users can now add custom data to ASKB, its conversational AI tool.
Asian chipmakers extend Wall Street losses
TL;DRAsian chip stocks tumbled on Fed rate hike fears and AI funding concerns.
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