Trump’s economy depends on AI for growth, a reality made clear in Saudi crown prince’s US visit
WASHINGTON (AP) — President Donald Trump is increasingly counting on the tech sector and the development of artificial…
AI Debt Explosion Has Traders Searching for Cover: Credit Weekly
Demand for credit protection has more than doubled the cost of credit derivatives on Oracle Corp.’s bonds since…
Google plans $40 billion Texas data center investment amid AI boom
(Reuters) -Alphabet’s Google said on Friday it would invest $40 billion in three new data centers in Texas,…
The ‘Big Short’ investor betting $1 billion against the AI bubble says Meta and Oracle’s accounting is hiding the brutal truth
“It’ll happen slowly, and then all at once.” That’s how Jim Morrow, founder and chief investment officer of…
Anthropic, Microsoft announce new AI data center projects as industry’s construction push continues
Artificial intelligence company Anthropic announced a $50 billion investment in computing infrastructure on Wednesday that will include new…
If the US Has to Build Data Centers, Here’s Where They Should Go
Tech companies have invested so much money in building data centers in recent months, it’s actively driving the…
Voter fury emerges over skyrocketing electricity bills as AI stokes demand — and fears of a stock market bubble
Voter anger over the cost of living is hurtling forward into next year’s midterm elections, when pivotal contests…
As data-center operator CoreWeave prepares for earnings, stock bears worry its finances are emblematic of an AI bubble
A vast data center in Plano, Texas, is a symbol of the enormous AI infrastructure boom that has…
Sam Altman says he doesn’t want the government to bail out OpenAI if it fails
OpenAI execs have been fielding plenty of questions about how they expect to pay for the $1.4 trillion…
Nvidia, Deutsche Telekom strike €1B partnership for a data center in Munich
Nvidia is playing fast and loose with its war chest as it looks to build on its momentum…
Altman and Nadella need more power for AI, but they’re not sure how much
How much power is enough for AI? Nobody knows, not even OpenAI CEO Sam Altman or Microsoft CEO…
State And Local Pensions Must Confront AI’s Systemic Risks
Stock prices are soaring due to investor enthusiasm about the potential for Generative AI to transform the economy.…