Author: Marketplace

Billions of dollars has been poured into the AI economy in recent years. As part of a new series about what the AI economy means for you, Marketplace Tech is looking at the infrastructure build-out behind the AI boom, starting with a visit to an Amazon Web Service lab in Cupertino, California, where AWS developers are squeezing as much networking efficiency out of their servers as possible for their AI ambitions.

The FDIC has approved proposals by GM and Ford to launch their own banking units. That means the automakers will be able to provide their own auto loans to customers. In this episode, a confluence of market conditions drove Ford and GM into banking. Plus: The Super Bowl of livestock shows highlights high cattle prices, changes to online search behavior affects digital ad revenue, and “Marketplace” host Amy Scott talks to Jordyn Holman at the New York Times and David Gura at Bloomberg about the week’s economic headlines.

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Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

Tech companies are pouring billions into developing the infrastructure necessary to meet the demand for artificial intelligence. But what does that infrastructure look like on the ground? Marketplace Tech’s Meghan McCarty Carino joins Kimberly to share her takeaways after visiting a variety of data centers and reporting on the surge in AI investment. Plus, we’ll weigh in on microdramas and AI slop during a round of Half Full/Half Empty!

Here’s everything we talked about today:

• "Inside the relentless race for AI capacity" Financial Times
• "Redwood Materials built record grid storage project using old EV batteries" Canary Media
• "Just how big is the AI investment wave?" from Reuters
• "YouTube says battling ‘AI slop’ is a top priority" from The L.A. Times
• "TikTok-like microdramas are going to make billions this year, even though they kind of suck" from Tech Crunch
• "Apple to Revamp Siri as a Built-In iPhone, Mac Chatbot to Fend Off OpenAI" from Bloomberg 
• "Ads Are Coming to ChatGPT. Here’s How They’ll Work" from Wired

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TikTok says it has formed a joint venture for U.S. operations with majority American ownership. The deal is intended to address national security concerns that led to a law that would have banned the app. Then, the world is now holding more gold than U.S. bonds. Is this a sign of changing times? And later, we discuss Americans’ savings rate and the impact of the upcoming cold snap on spending.

Usually a relatively quiet affair, this year’s World Economic Forum made headlines as President Donald Trump walked in with threatening language over wanting to acquire Greenland and left with what he said was a framework deal that would avoid a new trade war. We'll discuss the lasting impact. Plus, TikTok looks to be here to stay. And, from Marketplace's "This Is Uncomfortable," we hear about the importance of how people feel about their finances.

From the BBC World Service: Sanctions on the export of Russian oil have left many ships stuck at sea, unable to unload their cargoes. Today, we speak with a captain of an oil container ship that's part of Russia’s shadow oil export fleet. His ship and the crew are stranded, unable to sell or offload their ship's oil. Then, we head to Slovakia, which manufactures more cars per capita than any other country in the world.

A Micron memory chip factory in upstate New York is wrangling with local groups who want legal assurances the project will benefit the local community. Plus, YouTube plans to crack down on AI slop.

But first, it's shaping up to be a big year for very big initial public offerings. Elon Musk is reportedly preparing to take SpaceX public at an anticipated valuation of around $1.5 trillion. AI companies Anthropic and OpenAI are also expected to follow suit this year.

Marketplace’s Meghan McCarty Carino spoke with Paresh Dave, senior writer at Wired, to discuss all these topics on this week’s “Marketplace Tech Bytes: Week in Review.”

Revised GDP data for this past summer shows the U.S. economy grew faster than we initially thought. A few key parts of the private services sector propelled that growth. In this episode, which parts of the economy are actually doing pretty well. Then: Gap leans in to “fashiontainment,” packaging costs weigh on food prices, and elderly care facilities stand to lose critical employees when TPS ends for Haitian immigrants.

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

President Trump has routinely sought to influence the business dealings of U.S. media companies, including Netflix and Paramount’s fight over the future of Warner Bros. Rodney Benson, author of the book “How Media Ownership Matters,” has argued there’s a word for this trend: media capture. On today’s show, Benson joins Kimberly to explain how the phenomenon works and why he believes it’s playing out in the U.S. Plus, we’ll smile about the wonders of the cosmos.

Here’s everything we talked about today:

• "Trump World Is Picking Sides in the Battle for Warner Bros." from The Wall Street Journal
• "Is the US Media Captured?" From Columbia Journalism Review
• "Trump's Year of Media Capture" from Rolling Stone
• "Inside Bari Weiss’s Hostile Takeover of CBS News" from The New Yorker
• "Rodney Benson on the Value of Publicly Backed Journalism" from Columbia Journalism Review

Join us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.

President Donald Trump acknowledged yesterday that he'll need help from Congress to cap credit card interest at 10%. He also talked about this at the World Economic Forum; at another Davos venue, JPMorgan Chase's Jamie Dimon said that capping cards would cause "economic disaster." We dig in. Plus, tax breaks from the "Big Beautiful Bill" should boost the economy (temporarily), and boosting Venezuela's oil production could have serious environmental impacts.