Booms and busts are a recurring feature of modern economics, but when an asset's value becomes overinflated, a boom quickly becomes a bubble.
The Bank of England is reviewing lending to data centers that are a one way bet on the future of artificial intelligence. The BOE has already called out the market risk from a surge in the valuations ...
Oracle’s new dual chief executives defended the company’s massive new investment in data centers, saying it will offer computing firepower and a suite of bundled services that will make artificial ...
Today’s announcement that a group of investors led by BlackRock has agreed to buy Aligned Data Centers in a $40 billion deal underscores the seemingly unstoppable flow of money into AI data ...
The world's largest tech companies are on track to devote as much as $400B this year to data centers and chips as they race to build out artificial intelligence. The spending spree is single-handedly ...
Does anyone else find this sentence a little bizarre: “US GDP growth in the first half of 2025 was almost entirely driven by investment in data centers and information processing technology.” Aside ...
The new technology would change everything, the evangelist said. It was “transforming culture, economics and politics far more thoroughly than the computer age did,” he wrote. “A new economy is ...
SINGAPORE, Oct 3 (Reuters) - Artificial intelligence startups are attracting record sums of venture capital, but some of the world's largest investors warned that early-stage valuations are starting ...
Hello and welcome to Eye on AI. In this edition…the U.S. Census Bureau finds AI adoption declining…Anthropic reaches a landmark copyright settlement, but the judge isn’t happy…OpenAI is burning piles ...