OpenAI revenue increased 16 percent to 4.3 billion dollars in first half according to The Information

BlackRock's infrastructure division and Spanish construction firm ACS have formed a €2 billion joint venture to develop data centers across OECD markets, responding to surging AI infrastructure demands. As members of the AI Infrastructure Partnership alongside Microsoft, NVIDIA and others, they aim to address energy and infrastructure bottlenecks limiting AI growth. The 50/50 partnership will focus on creating adaptable, energy-efficient facilities with advanced cooling technologies. This strategic investment targets the expanding data center market, estimated to be worth hundreds of billions, while emphasizing sustainability and stable returns for investors in the AI-driven economy.

A federal judge has denied motions to dismiss an antitrust lawsuit filed by Elon Musk's X Corp against Apple and OpenAI. The suit alleges that Apple's exclusive integration of ChatGPT into iOS creates an unfair monopoly, shutting out competitors like X's Grok AI. X Corp claims violations of the Sherman Act and Texas business laws, pointing to Apple's 65% smartphone market share and OpenAI's 80% dominance in generative AI chatbots. The lawsuit seeks permanent injunction against the partnership and potentially billions in treble damages, highlighting growing legal scrutiny of major tech companies' AI integration strategies.

Global markets showed mixed performance on November 13, 2025, following China's latest economic data release. The Shanghai Composite rose slightly by 0.2%, while Hong Kong's Hang Seng fell 0.7%. Japan's Nikkei gained 0.6% due to a weaker yen benefiting exporters. China reported 5.2% growth in retail sales and 4.6% increase in industrial production, but the property sector continued declining with falling home prices for the seventh consecutive month. European markets opened lower, with the FTSE 100 down 0.3% and similar declines across European indices. U.S. futures indicated a flat opening. Investors remain focused on China's policy responses and economic recovery, particularly regarding the struggling real estate sector.

Applied Materials forecasted strong quarterly revenue due to increasing AI chip demand, reporting record annual revenue of $28.37 billion for fiscal 2025 (up 4% year-over-year). The company's semiconductor manufacturing technologies are crucial for producing advanced AI chips, positioning them to benefit from continued growth in AI infrastructure investments.