The US AI data center buildout is posing complex challenges
The US AI data center buildout is posing complex challenges to major lenders as they stretch themselves to finance, insure, and underwrite a novel asset class
TL;DRBanks struggling to finance and insure massive AI data centers due to unfamiliar risks.
Why it matters: Lending constraints could slow AI infrastructure buildout, affecting compute availability and startup funding.
Survey: 28% of Americans use AI chatbots
TL;DRAbout a quarter of Americans use AI chatbots for medical advice instead of doctors.
Bill Gates says "the AI era will be one of the most turbulent times
TL;DRGates warns AI will be disruptive and says governments need better regulations now.
Latest
SpaceX is building a $100 billion 'Starbase' launch site in Louisiana
2SpaceX plans a massive new Louisiana spaceport costing $100 billion.
SpaceX Plans to Build a $100 Billion Spaceport In Louisiana
2SpaceX planning $100B Louisiana spaceport for frequent Starship launches.
Sopra Steria's £370M Capita spat heads for 2028 courtroom showdown
French IT firm suing over UK government contract it claims was underpriced by 42%.
Revolut rolls out its euro-pegged stablecoin EURR, initially
Revolut launched a euro-backed stablecoin for three European markets via Stripe's Bridge.
Navitas Semiconductor agrees to buy Claros
Navitas is buying Claros for $233M to boost data center power efficiency tech.
IFC-Backed Ventures raises $84 Million for African Startups
African startup fund raises $84M to expand financing across the continent.
Single-Spin Quantum Microscope Helps Researchers Tackle
New quantum microscope tech helps solve the processor-memory speed gap slowing AI chips.
DeepSeek generated $70.7M in revenue and posted a $106M net loss in
DeepSeek lost $106M while making $71M in revenue during early 2026.
Nvidia Has Earnings Pricing Power, BlackRock's Li Says
BlackRock strategist says Nvidia can command high prices due to AI chip scarcity.