Retirement Savings
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AI’s Grip on the U.S. Market
Amazon secured a $38 billion cloud services deal with OpenAI, indicating a shift towards a dual-cloud strategy for the AI company and potentially paving the way for an IPO. Despite Amazon and Nvidia’s positive market performance, concerns arise over the concentration of market gains within a few tech giants. Separately, governments are increasingly considering tapping into citizens’ retirement savings to alleviate fiscal pressures, raising concerns about long-term risks to pension systems.
