Over the past five years, lab-grown diamonds have shaken his industry to the core. Now, companies like De Beers are battling the avalanche of cheaper, near-identical synthetic gems. Stacey Vanek Smith reports.
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Can better weather predictions boost bottom lines?

Data collected by drones are providing intelligence for energy traders and military strategists. Joe Wertz explains how.
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Meta is building one of the largest artificial intelligence data centers in the world, and it’s going up in a remote corner of Louisiana. Financed by one of the biggest private capital deals ever assembled, the project in rural Richland Parish will require up to 7.5 gigawatts of total power – 5 gigawatts of which will be for compute – from 10 brand new natural gas plants. In a region desperate for economic revival, the data center has become more than just infrastructure: it’s a bet on the future.

Learn more: https://bloom.bg/42Sj751
Mark Zuckerberg’s desire to build the world’s biggest AI facility has entangled his company deeply in Louisiana’s politics, culture and economy.

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For ongoing coverage of the Russia invasion on Ukraine, tune in to Bloomberg Television and Radio. Up to the minute reporting from around the world and analysis of what it means to you. This is Bloomberg.
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The war with Iran has already cost lives, billions of dollars, and shaken the foundations of the global economy and the worst may be yet to come. Afsaneh Beschloss of RockCreek tells us why Russia and Iran are the unexpected winners at the Strait of Hormuz, and why a prolonged conflict could force the Fed to hike rates instead of cut. Steven Cook of the Council on Foreign Relations explains why the Gulf states didn’t see Iran’s attacks coming and why Saudi-Israeli normalization may now be further away than ever.
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