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BoE sounds alarm on soaring AI data center loans

BoE sounds alarm on soaring AI data center loans

The BoE is analyzing lending activity to data centres.
AMD stock surged past $243 as IBM confirms chips use in quantum error correction

AMD stock surged past $243 as IBM confirms chips use in quantum error correction

AMD stock exploded again on Friday, jumping +7% intraday and smashing past $245 before settling for a new all-time high of $252. That rally puts th...
Sam Altman pulls Microsoft, Nvidia, Oracle, AMD, Broadcom, and SoftBank into massive AI infrastructure deals worth over $1 trillion

Sam Altman pulls Microsoft, Nvidia, Oracle, AMD, Broadcom, and SoftBank into massive AI infrastructure deals worth over $1 trillion

According to The Wall Street Journal, Sam Altman turned a quiet White House appearance into a global power play that dragged Microsoft, Apple, Nvid...
Wall Street deals with circular money machine risks as AI firms fund demand boom

Wall Street deals with circular money machine risks as AI firms fund demand boom

Wall Street is facing a strange kind of storm, where the same companies behind the AI boom are also now funding the very demand that brings them pr...
OpenAI plans mega AI city on foundations of custom chip advancements

OpenAI plans mega AI city on foundations of custom chip advancements

OpenAI is sketching out what looks like the blueprint for a machine-built civilization, one powered by its own chips, its own infrastructure, and e...