Writing the summary…
Gartner analyst behind tech rout: AI returns are not yet large enough to justify neocloud build-out
Source: CNBC
Original reporting
CNBC: read the full reportRelated stories

BBC Business2 outlets
Burnham vows end to 'rip-off parking charges' under new rules
Penalties are seen as too harsh on motorists who are penalised for parking on private land.
CNBC
Google says it can build data centers the right way. Some experts and residents are skeptical
Google says its Minnesota AI data center will add clean energy to the grid and protect ratepayers. Experts question whether grid upgrades are needed.
CNBC2 outlets
Trump says he'd meet with Putin and Xi, criticizes Zelenskyy
Tensions between Trump and Zelenskyy have steadily risen in recent weeks, while Russia, which invaded Ukraine, has received multiple breaks from the U.S.
CNBC
Tech stocks had a nice oversold bounce on Monday. Earnings this week will determine if it's for real
Investors are hopeful that last week's pullback was a clearing event for equities, but lingering concerns remain.
CNBC
OpenAI bugging suspect Alfozan held without bail after Saudi government offers to pay
Saudi national Abdulrahman Alfozan is accused of planting a recording device in an executive conference room at OpenAI headquarters in San Francisco.
CNBC
Apple announces product launch event for Oct. 28. Analysts expect touchscreen laptop
Apple sent invitations for an event next week, calling it "Pro and tell."