Tag: Artificial intelligence
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China’s ‘potato capital’ cultivates new crop of data centres as AI boom takes root
On the windswept plains of China’s Inner Mongolia, potato farms are making way for sprawling AI data centres. CNA visited Ulanqab, where the boom is transforming livelihoods and raising questions about water sustainability in a drought-prone region.
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Commentary: Is the AI stock bubble finally bursting?
Any reasonable person can see the hallmarks of an unsustainable party in markets, says the Financial Times’ Katie Martin.
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Tech stocks stage partial rebound while dollar gains after US jobs data
NEW YORK: Tech shares rose Friday (Nov 6), recovering a fraction of losses from the prior session’s rout as the dollar rallied after better than expected US jobs data.Investors welcomed a partial recovery for the tech-heavy Nasdaq after its plunge on Thursday, which sent Asian and Europe
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Investors brace for lower Anthropic valuation, calling $1.5 trillion a ‘stretch’
Anthropic could list below a $1.5 trillion valuation, trailing previous expectations, as the AI trade sours on Wall Street.
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OpenAI will keep investing in AI data centers despite election results, CFO tells CNBC
Voters across the country on Tuesday voiced their support for candidates who have pledged to place restrictions on data center development.
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Data center double-down: Hassett says blue wave won’t stop AI build-out
Data centers are a crucial part of President Donald Trump’s push to win the global artificial intelligence race, which he continues despite the midterm results.
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Brutal sell-off for AI stocks sends Wall Street reeling
The nationwide victories for the Democrats have raised the possibility that governments could force pauses in the construction of more data centres.
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A brutal sell-off for AI stocks sends Wall Street reeling, and the S&P 500 tumbles 4.4%
NEW YORK: A brutal sell-off swept through Wall Street on Thursday (Nov 5), led by stocks tied to the buildout of AI data centres. The wipeout more than erased the US stock market’s gain from the day before, which was its best in three months.The S&P 500 fell 4.4 per cent for its worst day
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Google turns off AI for schoolchildren by default
Google said the new controls would be rolled out worldwide, beginning in the United States, but that it had not yet set a date.
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