Join our daily newsletter At The Bell to receive exclusive market insightsASX today – We may well end W51 without much of anything really changing, considering Australian shares are again heading for a very flat open. Right now, at time of writing, there’s barely even a point’s change in futures.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.It’s arguably impressive that Australian traders are keeping t ...

Min is denoted by 0 and Max by 1. Source: J.P. Morgan Flows & Liquidity. Cross Asset Positioning Monitor aggregates across the various position indicators of Appendix ranging from positioning proxies across various futures contracts, momentum signals as proxies of how trend-following funds/ CTAs are positioned, mutual fund betas as proxies of how mutual fund managers are positioned, risk parity fund positioning and leverage proxies, hedge fund betas as proxies of how hedge fund managers are positioned, clie ...

Core Viewpoint - Adani Group plans to invest up to $5 billion in Google's AI data centre project in India, aiming to leverage the increasing demand for data capacity in the region [1] Group 1: Investment Details - The investment amount is projected to be as high as $5 billion, indicating a significant commitment to the AI data centre initiative [1] - This investment aligns with the growing trend of digital transformation and the need for enhanced data infrastructure in India [1] Group 2: Market Context - The demand for data capacity in India is booming, driven by the rapid growth of digital services and cloud computing [1] - The collaboration between Adani Group and Google highlights the strategic partnerships forming in the tech and infrastructure sectors to meet this demand [1]

Core Insights - GMI Cloud, a U.S.-based cloud services provider, announced plans to build a $500 million artificial intelligence data center in Taiwan with support from Nvidia [1] Company Summary - GMI Cloud is investing significantly in the development of AI infrastructure, indicating a strategic focus on enhancing its capabilities in the artificial intelligence sector [1] - The collaboration with Nvidia, a leading chipmaker, suggests that GMI Cloud aims to leverage advanced technology to strengthen its service offerings [1] Industry Summary - The establishment of AI data centers is a growing trend in the cloud services industry, reflecting increasing demand for AI-driven solutions [1] - The investment in Taiwan highlights the region's importance as a hub for technology and innovation, particularly in the semiconductor and AI sectors [1]

Core Insights - HydraVault has received a construction permit for a next-generation data center in downtown Chicago, marking the city's first purpose-built facility for AI and financial applications [1][5] - The data center is designed to support high-demand applications such as AI inferencing, large-scale model training, and low-latency financial trading, with initial user access expected by December 2026 [1][4] - The facility will feature advanced infrastructure, including rack densities up to 200kW and 20MW of available power, catering to AI-enabled operations [2][3] Infrastructure and Design - The data center will implement a closed-loop waterless cooling system aimed at enhancing energy efficiency, with a projected annual power usage effectiveness rating of 1.19 [3] - Gensler, the design firm, emphasizes the facility's role in setting new standards for innovation and sustainability in next-generation data centers [2][3] Strategic Importance - The data center is positioned as a strategic differentiator for firms in AI, machine learning, and financial services within the Chicago area, according to HydraVault's founder [4] - The project involves collaboration with various partners, including Syska Hennessy Group for engineering services, highlighting a community-focused approach to construction [4][5] Construction Management - Power Construction Company, known for its expertise in technical builds, will manage the construction and engage with the local community throughout the process [5] - The project is seen as a significant step in establishing purpose-built AI infrastructure in Chicago, utilizing advanced construction techniques [5]