Trump Seeks Iran Tariffs; Tech Giants Invest in Data Centers and AI
U.S. President Donald Trump is pushing for Congress to include tariffs on Iran as part of a sanctions bill targeting Russia, which has bipartisan support. This move could further strain U.S.-Iran relations amid ongoing Middle East tensions. In the tech sector, Nexus Data Centers is in advanced talks to secure $15 billion for an AI-focused data center backed by Google and Anthropic. Meanwhile, China's DeepSeek plans a large-scale artificial intelligence (AI) data center in Inner Mongolia, signaling continued global investment in computing infrastructure. Amazon also announced that its capital expenditures are expected to reach $220 billion this year. IBM CEO Arvind Krishna suggested quantum computing could become a significant revenue driver by 2028 or 2029 and potentially create trillions of dollars in value by the end of the decade.
Topics: sanctions bill tariffs U.S.-Iran relations