| Microsoft isn’t making as much money as it expected from the AI boom. Capacity constraints in the company’s data centers are limiting its ability to meet demand, resulting in a slower growth forecast for its Azure cloud-computing business. Over at Meta, Mark Zuckerberg outlined heavy investment in AI and the metaverse, but cautioned about widening losses at AI division Reality Labs.  An AI-generated image depicts Mango's Sunset Dream collection of its youth line. Source: Mango Add another job to the list that the machine might replace. Spanish fast-fashion chain Mango is eliminating some human models and using AI-generated avatars to create ad campaigns more quickly. But the future of AI hinges increasingly on Taiwan as thousands of businesses and entrepreneurs rely on the island to turn their AI visions into reality. Taiwan Semiconductor, the foundation of this success, recently warned of “severe challenges” as the US controls the flow of cutting-edge chips to China.
On the campaign trail. Kamala Harris and Donald Trump held dueling star-studded events in Wisconsin to mobilize supporters in the swing state. Trump campaigned with NFL legend Brett Favre, and Harris brought popular bands to Madison. Trump also posed for photos in the seat of a dump truck in a jibe at a President Joe Biden remark about GOP supporters, though the White House has disputed the characterization of the comment. Gold climbed to yet another record, boosted by demand for safe havens ahead of the election. It managed to shrug off robust US jobs and growth data, in a further sign that the metal may well be the “ultimate risk-off asset.” MicroStrategy hired banks to help it raise $42 billion through the sale of new shares and fixed income to buy more Bitcoin after a flurry of deals over the past year. It posted a third consecutive quarterly loss after taking an impairment charge against the value of its roughly $18 billion crypto stockpile. | 
