By Naveen Athrappully Major AI development company Anthropic announced a $50 billion investment to develop data center infrastructure in the United States, specifically Texas and New York, “with more sites to come,” according to a Nov. 12 statement from the company. Anthropic has partnered with AI cloud platform Fluidstack for the latest investment. Fluidstack is […]
Tag: Federal Reserve System
The Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises.
