Tag: data
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Anthropic plans to change enterprise data retention policy, source says
Aug 20 : Anthropic plans to let enterprise customers exercise greater control over their data when using its advanced AI models, a source familiar with the matter said on Thursday, marking a shift in the Claude chatbot maker’s data retention policy. The company is expected to roll out a new safety system lat
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Skanska to build four US data centres for $1.2 billion
HELSINKI, Aug 20 : Swedish builder Skanska said on Thursday it had signed a contract worth about 11.2 billion Swedish crowns ($1.19 billion) with an existing client to build four new data centres in the southeastern United States. • The project involves constructing four data centres, totalling about 75,000
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Nebius plans $4.5 billion convertible debt sale to fund data centers, AI platform
Aug 19 : AI cloud provider Nebius Group said on Wednesday it plans to raise $4.5 billion through an offering of private convertible notes, as it seeks to ramp up investments in data centers and computing capacity.The Amsterdam-headquartered company plans to issue notes worth $2.75 billion maturing in 2030, an
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Europe AI data centres seek cheaper, quicker energy and land
LONDON, Aug 19 : Europe’s developers of data centres for artificial intelligence are seeking out less traditional locations away from major cities, where they can benefit from cheaper energy and land and quicker connection times, data analysis seen by Reuters shows.The trend can mean investment in underprivil
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Demand from US data-center boom radiates out through factory supply chains
Aug 19 : Generac is best known for making backyard generators that rumble to life after power failures.But artificial intelligence is its new frontier.The Waukesha, Wisconsin-based company is spending $250 million by the end of next year to equip multiple factories to make beefed-up versions of its gen
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Pennsylvania governor signs order imposing new rules to set up AI data centers in state
Aug 18 : Pennsylvania Governor Josh Shapiro on Tuesday signed an executive order that would require companies setting up AI data centers in the state to meet environmental and transparency safeguards and secure local community approval for the projects.The state has become a sought-after location for data cen
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British data group Quantexa exploring UK or US IPO
LONDON, Aug 18 : British artificial intelligence company Quantexa is considering a multibillion-dollar stock market listing in Britain or the United States, its chief executive told Reuters. “We can list in the UK or the U.S., or both,” Vishal Marria said, adding that the company has not decided when to pur
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Dollar mostly flat as softer US data fuel dovish rate bets
NEW YORK/LONDON, Aug 18 : The U.S. dollar was mostly flat against major peers on Tuesday as markets continued pricing in a dovish response from the Federal Reserve in the wake of softer economic data.The euro eased away from two-month highs of $1.161 touched on Monday and was last up 0.07 per cent at $1.1587.
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Millennials and Gen Z are landing fast-growing, high-paying AI jobs, according to LinkedIn study
Young workers are holding their own in the AI job market, according to new research from LinkedIn.
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Google to buy Spirit Airlines business data for $10 million
NEW YORK, Aug 17 : Alphabet’s Google is acquiring internal business data from bankrupt Spirit Airlines for $10 million, saying it plans to use the data for product development and training its AI models.• The acquired data includes Spirit Airlines’ employee emails, Microsoft Teams messages, spreadsheets, an
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