AGGREGATED External reporting by Bloomberg. This page summarizes the publisher's feed entry; the full article is on www.bloomberg.com.
Microsoft Corp. helped create the “neocloud” boom, signing tens of billions of dollars in contracts with upstart data center operators in an effort to sate the crushing appetite for its cloud and AI services.
Saudi national Abdulrahman Alfozan is charged in an indictment with planting a recording device in a conference room at artificial intelligence giant OpenAI.
THE LEVER CORPORATE ACCOUNTABILITY
In Episode 2 of The Lever’s new video series, David Sirota asks Gil Duran and Saikat Chakrabarti whether Democrats will confront the tech broligarchy — or bail it out.
BLOOMBERG CORPORATE ACCOUNTABILITY
Alphabet Inc.’s Google has bought out Crusoe’s data center site in southeast Wyoming, opting to take on the project itself after the AI computing upstart failed to lock in customers.
BLOOMBERG CORPORATE ACCOUNTABILITY
ON Semiconductor Corp. scrapped plans for a semiconductor expansion in the Czech Republic that was initially valued at as much as $2 billion.
BLOOMBERG CORPORATE ACCOUNTABILITY
Representative Maxine Waters signaled she is open to expanding retail investor access to private companies while also reining in “bad private equity actors” if Democrats tap her to lead a key panel next year.
BLOOMBERG CORPORATE ACCOUNTABILITY
An OpenAI engineer charged with planting a hidden recording device in one of the company’s offices pleaded not guilty in federal court.
