Plus, SpaceX astronauts set for first private spacewalk. And Truth Social’s parent company takes a hit to its stock price following the presidential debate. Zoe Thomas hosts.
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[00:00:16] [SPEAKER_01]: Here's your TNB Tech Minute for Wednesday, September 11th. I'm Zoe Thomas for The Wall
[00:00:22] [SPEAKER_01]: Street Journal.
[00:00:23] [SPEAKER_01]: Amazon says it plans to spend about $10.5 billion over the next five years to build
[00:00:29] [SPEAKER_01]: and operate data centers in the U.K. The rise of AI has led to a surge in demand for
[00:00:35] [SPEAKER_01]: computer power, and Amazon CEO Andy Jassy has reoriented the company to focus on AI
[00:00:41] [SPEAKER_01]: innovations. Since the start of this year, the company's cloud computing arm, Amazon
[00:00:46] [SPEAKER_01]: Web Services, has earmarked over $50 billion for overseas investments in the coming years.
[00:00:52] [SPEAKER_01]: U.K. Chancellor of the Exchequer Rachel Reeves said Amazon's investment was, quote,
[00:00:57] [SPEAKER_01]: the start of the economic revival for the country.
[00:01:01] [SPEAKER_01]: The first attempt at a spacewalk by private citizen astronauts is set to take place tomorrow.
[00:01:06] [SPEAKER_01]: The operation is a chance for Elon Musk's SpaceX to push new boundaries and trial company-developed
[00:01:13] [SPEAKER_01]: spacesuits, which are untested in orbit. SpaceX envisions the spacesuits eventually being
[00:01:18] [SPEAKER_01]: used on Mars. The commercial spacewalk will be conducted by Jared Isaacman, a tech billionaire
[00:01:24] [SPEAKER_01]: who's funding the flight, and Sarah Gillis, a SpaceX operations engineer. The pair plan
[00:01:29] [SPEAKER_01]: to exit the vehicle around 2.23 a.m. Eastern Time and spend around 15 to 20 minutes outside.
[00:01:37] [SPEAKER_01]: And shares of Trump Media and Technology Group fell about 10.5 percent the day after Vice
[00:01:42] [SPEAKER_01]: President Kamala Harris and former President Donald Trump faced off for their first debate.
[00:01:48] [SPEAKER_01]: Trump Media is the parent company of social media platform TruthSocial and is majority
[00:01:53] [SPEAKER_01]: owned by former President Trump. Investors have treated the shares as a proxy for the
[00:01:58] [SPEAKER_01]: market's bet for a second Trump administration.
[00:02:01] [SPEAKER_01]: For a deeper dive into what's happening in tech, check out Thursday's Tech News Briefing
[00:02:06] [SPEAKER_01]: podcast.