Global business news is dominated by massive AI infrastructure investments, shifting regulatory landscapes, and major corporate leadership updates.

Nvidia is spearheading a $500 billion initiative alongside major investment firms like BlackRock and Blackstone to fund large-scale artificial intelligence infrastructure projects.

Tencent reported a 176% surge in capital expenditure for the second quarter as the tech giant aggressively scales its investment in AI computing power and model development.

The U.S. Treasury has decided to scale back enforcement of corporate transparency reporting requirements, a move intended to ease the regulatory burden on businesses but criticized for potentially weakening money-laundering defenses.

Home Depot CEO Ted Decker is taking a temporary medical leave of absence, with the company appointing interim leadership to manage operations during his expected return.

Forbes fired its chief content officer, Randall Lane, following the discovery of an undisclosed $6 million payment received from the founder of a research firm that partners with the magazine.

Alibaba is testing consumer and business demand for its AI technology by launching a $30 annual subscription service for its office-assistant software.

U.S. consumer debt data reflects a resilient economy bolstered by homeowners with fixed-rate mortgages, even as many families report frustration over rising costs and stagnant real wages.

Cisco posted record financial results driven by an AI-focused product "supercycle," though the company's stock price saw a decline following the announcement.