Bill Gates’ Gates Foundation discloses billions invested in lesser-known AI firm, up 183% in a year

Bill Gates’ Gates Foundation discloses billions invested in lesser-known AI firm, up 183% in a year

The Gates Foundation Trust holds a significant $3.6 billion stake in Caterpillar, a company increasingly vital for AI infrastructure. Caterpillar's Power Generation business is booming due to data center demand, with its stock soaring 183% in a year. This investment comes as the foundation itself announces substantial job cuts, impacting 20% of its workforce.

Original Source

Read the full article at Timesofindia →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.