American billionaire businessman, co-founder/CEO of BlackRock
Nvidia has enlisted six Wall Street firms to finance a $500 billion buildout of AI infrastructure, treating compute as a new asset class. The plan centers on financing data centers and GPU clusters for customers unable to pay upfront, with OpenAI-related projects and neoclouds in focus. Executives cite long-term value and revenue generation, while cautions focus on depreciation risk and China’s potential price competition.
Bloomberg and Al Jazeera reporting show a widening pattern of transshipment and tariff avoidance, with solar-panel routes rerouted across China, Vietnam and Indonesia to dodge duties, while US actions intensify enforcement and scrutiny.
European Commission President Ursula von der Leyen has proposed making Canada the EU's first "associate member." Canadian Prime Minister Mark Carney has welcomed closer ties that would deepen cooperation on trade, defence, AI, critical minerals and Arctic issues beyond the existing CETA deal. EU member states and diplomats say the proposal is undefined and legal and political obstacles remain.
Canada is actively courting private capital to diversify away from the U.S. amid a deepening trade dispute. At the Canada Investment Summit, leaders pitch Canada as a stable, rules‑based partner with vast resources, while Washington expands tariffs and countermeasures that threaten interwoven supply chains.
Canada is pitching itself as a stable, rules-based home for global capital as Prime Minister Carney hosts a two-day Canada Investment Summit in Toronto. Investors managing over $120 trillion are in attendance, seeking opportunities in energy, minerals, AI, infrastructure and broader economic resilience amid US tariff tensions.