When billionaire Ken Griffin announced he was moving Citadel, one of the world’s most profitable hedge funds, from Chicago to Miami, commentators compared it to LeBron James leaving Cleveland for the Miami Heat in 2010. Wall Street’s elite had been visiting Florida for years. Now they were moving in. benzinga What’s driving it Taxes. The…
The money is still pouring in, but central banks and markets are asking harder questions about who pays for it. The scale of the buildout The four big hyperscalers (Amazon, Alphabet, Microsoft, and Meta) are guiding to roughly $730 billion in AI-driven capital spending in 2026, up about 78% from around $410 billion in 2025….
Carnegie Mellon University announced on September 30 that Citadel founder Ken Griffin has pledged $3 billion, which the university called the largest gift by an individual in the history of higher education. It is also the largest philanthropic contribution of Griffin’s career. Most of the money, $2 billion, will fund a new Carnegie Mellon campus…