Einhorn Warns AI Capex Boom May Destroy Capital Despite Tech’s Promise
Hedge-fund manager David Einhorn cautioned that Big Tech’s trillion-dollar push into artificial-intelligence infrastructure risks destroying large amounts of capital, even...
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Federal judge greenlights $1.5 billion payout in authors’ lawsuit over Anthropic’s alleged use of pirated books to train AI
A federal judge in San Francisco granted preliminary approval to a $1.5 billion settlement resolving claims that Anthropic used hundreds...
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Sam Altman: Why AI Will Take Over 40% of Workplace Tasks
In a video interview, OpenAI’s Sam Altman says artificial intelligence is poised to automate roughly 40% of common workplace tasks,...
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Trump Administration Teams Up With Elon Musk’s xAI to Accelerate Governmentwide AI, Citing ‘Benefit to the Country’
The General Services Administration struck an agreement giving federal agencies access to xAI’s Grok 4 and Grok 4 Fast through...
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OpenAI, Oracle and SoftBank to build five U.S. AI data centers in $500 billion ‘Stargate’ buildout
OpenAI, Oracle and SoftBank unveiled plans to build five new U.S. AI data centers under the $500 billion “Stargate” initiative,...
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Meta Boosts AI Political Spending With New Super PAC
Meta Platforms has launched a new Super PAC to support candidates favorable to the artificial-intelligence industry, its second political committee...
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AI boom adds urgency for Congress to fast-track U.S. energy buildout
The accelerating demand for electricity from AI-driven data centers is sharpening calls in Washington to streamline permitting for energy infrastructure....
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Alibaba soars in U.S. premarket after CEO vows bigger AI investment push
Alibaba Group’s shares rallied in Hong Kong and jumped more than 9% in U.S. premarket trading after Chief Executive Eddie...
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As AI processors run hotter, Microsoft’s in-silicon microfluidic cooling promises up to three times better heat removal
Microsoft says it has successfully tested a microfluidic system that routes liquid directly through channels etched into silicon, removing heat...
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Inside the AI data-center boom: what makes them different—and why they’re costing trillions
Investors are pouring an estimated $3 trillion into AI-ready data centers through 2029, according to Morgan Stanley, as hyperscalers race...
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