
AI-derived antibiotics ↑ Renewables’ costs ↓ Addictive ads ↑ Perplexity bets ↑
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| Hi all, Here’s your Monday round-up of data driving conversations this week — all in less than 250 words.
Data centers ↑ Morgan Stanley expects global spending on data centers to hit nearly $3 trillion between now and 2029 – about the size of France’s economy. Approximately half of this is expected to come from Big Tech capex. Cobots ↑ Collaborative robots designed to operate safely alongside humans in a shared workspace made up 24% of all robot orders in North America in Q2 and 15% of revenue. Tech funding ↑ In July, tech firms pulled in a record 50 mega-rounds, each one worth $100 million or more. Renewables’ costs ↓ In 2024, over 90% of new renewable capacity was cheaper than fossil alternatives...
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