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The Latest Breaking News from McKinsey

The AI Blob: Capitalism's New Feeding Frenzy

If you want to see capitalism at its most feverish, forget crypto or meme stocks. The new mania has a more respectable name: AI Infrastructure. Data centers, mazes of silicon and cooling coils, are devouring every spare dollar, pound of copper and parcel of land they can find.

Benzinga

Three Factors Reshape Global Mining Outlook, Study Shows

The global materials market contracted in 2024, as metals and mining revenues fell by 6% to approximately $3 trillion, McKinsey’s Global Materials Perspective 2025 shows. The consultancy noted profitability remained resilient, with stronger cash positions and sustained productivity gains, even as the sector faced a more complex and fragmented global…

Benzinga

AI came from tech, but the most advanced AI businesses are in every industry

Fortune’s AIQ 50 list of the most “mature” AI companies shows how different businesses are taking advantage of AI to meet their needs.

Fortune

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The consulting giant that creates more Fortune 500 chiefs than anyone else

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Fortune

Nvidia's 'Jensen Math' Of $50 Billion Revenue Per GW Gets A Reality Check: Here's What Barclays Analysts Project For NVDA

A multi-billion-dollar gap has emerged in the estimated cost of powering the AI revolution, pitting a new bullish forecast from Barclays against Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang's own ambitious projections.

Benzinga

The best companies to work for if your goal is CEO

These five companies have produced the most current Fortune 500 CEOs. McKinsey tops the list.

Fortune

Meet the industry bosses running UK Government departments

THE former CEO of BAE Systems, the British Airways executive who oversees its lobbying team, the chairman of the Petrochemical giant Ineos and…

The National (Scotland)

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Foreigners are big on investing in the U.S.

The U.S. has become a major beneficiary of foreign investment in the last few years.

Axios

Short-Seller Jim Chanos Scrutinizes Jensen Huang-Led Nvidia's AI Factory Cost Estimates: 'Well Above What Companies Are Telling Investors'

Just a day after Nvidia Corp. (NASDAQ:NVDA) and OpenAI announced a landmark $100 billion AI infrastructure deal, famed short-seller Jim Chanos is raising red flags over the foundational economics of the AI gold rush.

Benzinga

As Gen Z hunts for career fire starters, these are the best MBA programs landing grads $150K+ jobs in tech and consulting

Gen Z may be skeptical of the higher education payoff, but LinkedIn’s new ranking shows elite programs like Stanford and Harvard still deliver career gold.

Fortune

Nvidia's Market Capitalization Surpasses Canada's GDP, As McKinsey Projects $1.7 Trillion AI Data Center Spend By 2030

Nvidia Corp.’s (NASDAQ:NVDA) market capitalization has reached a staggering $4.32 trillion, surpassing the gross domestic product (GDP) of Canada's entire economy, as new forecasts point to explosive global demand for AI-driven data centers.

Benzinga

Stock Market Today: Nasdaq Futures Gain, Dow Slips As FOMC Begins Its 2-Day Meet — Tesla, Adtran, Ferguson In Focus (UPDATED)

Editor’s Note: The future prices of benchmark tracking ETFs, the lede, and the latest economic releases were updated in the story.

Benzinga

Nvidia's Multi-Trillion Dollar AI Playground: McKinsey Quantifies 3.5x Surge In AI Data Center Demand, Presenting $6.2 Trillion Opportunity For NVDA

A new analysis by McKinsey Company projects a massive 3.5-fold increase in the global demand for AI-specific data center capacity by 2030, potentially creating a multi-trillion-dollar market opportunity for chipmaker Nvidia Corp. (NASDAQ:NVDA).

Benzinga

I Asked ChatGPT: What’s the Cost of Human Workers vs. AI In 4 Popular Jobs?

Artificial intelligence is the talk of the virtual town, with AI agents poised to replace workers in a variety of jobs, largely those involving mental labor.

GOBankingRates

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Fortune

There’s more to life than LLMs, or why Europe needn’t fall behind in AI adoption

When it comes to AI adoption, Europe still has its work cut out for it.

The Independent UK

AI shakes up the call center industry, but some tasks are still better left to the humans

Artificial intelligence is transforming call centers by streamlining tasks and improving customer service

The Conversation

Counterfeit Chanel, Louis Vuitton and Hermès bags from China: examining an online phenomenon and its risks for consumers

In mid-April 2025, a wave of videos swept through TikTok claiming that some brands of luxury leather goods, especially French ones, actually make their products in China. The content creators presented themselves as official manufacturers, urging customers to buy bags directly from the source at a fraction of the retail price.

Benzinga

IBM-AMD Alliance Targets Drug Discovery, Climate Modeling With Quantum Supercomputers

International Business Machines Corp. (NYSE:IBM) and Advanced Micro Devices Inc. (NASDAQ:AMD) are partnering to advance quantum-centric supercomputing, combining IBM’s quantum hardware and software expertise with AMD’s strength in high-performance computing and AI acceleration.

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Fortune

AI is gutting the next generation of talent: In tech, job openings for new grads have already been halved

For many new graduates, the first rung of the corporate ladder is getting harder to reach.

Benzinga

Data Centers Now Consume 5% Of US Power, Set To Double As $6.7 Trillion Buildout Sparks Grid Concerns

The surging demand for artificial intelligence and cloud computing is fueling an unprecedented expansion of data centers, triggering warnings about looming strains on America's power grid.

TechRadar

The enterprise AI paradox: why smarter models alone aren’t the answer

While enterprise leaders scramble to capitalize on the AI boom, most large-scale deployments remain in limbo.

inkl

The Agentic Shift: How AI Agents Are Quietly Transforming the Business Operations Landscape

In the past decade, business institutions have steadily embraced artificial intelligence – from fraud detection systems to customer service bots

Benzinga

Under the Radar: Four Emerging Picks From a Century-Old Growth Investing Powerhouse

Most of those reading this have never heard of Baillie Gifford. The UK investment firm is not really a household name here in the United States.

The Guardian - UK

‘I had her right in front of me. And now she’s gone’: how one mother lost her daughter to mental illness

Studying in London before taking up a high-flying job in New York, Naina Mishra seemed set for a bright future – until she began retreating from friends and family into a paranoid spiral even her mother couldn’t break. What does her story reveal about the dangers of young adult estrangement?

Fortune

AI is already changing the corporate org chart

AI isn't just a new tool for the modern workplace; it's quietly reshaping how companies are organized.

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