The AI ‘credit card’ is getting costlier as CoreWeave bond yield tops 16%
Coreweave's steep yields reflect stress in the AI debt markets as investors worry about a data center slowdown. What comes next.
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TECHNOLOGY
Technology, platforms, AI and the tech industry.
TECHNOLOGY // WIRE
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The GOP Wasn’t the Only Midterms Loser. Voters Slapped Data Centers With Limits.
This week voters nationwide approved 40 out of the 41 ballot measures that had been proposed to rein in data centers.
Pro-life display at Ohio university targeted by chilling online threat to 'Kirk the anti-abortion table'
A Miami University student faces a felony terroristic threat charge after allegedly posting a Yik Yak message referencing Charlie Kirk's assassination.
BLOOMBERG CORPORATE ACCOUNTABILITY
Brookfield’s Teskey Calls ‘Social License’ Crucial for AI Growth
Brookfield Asset Management Chief Executive Officer Connor Teskey said it’s crucial to obtain buy-in from local communities before constructing artificial intelligence infrastructure.
3 foreign nationals allegedly used AI to mimic CEOs in $129M scheme, DOJ says
Three foreign nationals have been charged in connection with an alleged international fraud scheme that federal prosecutors say used AI technology to impersonate corporate executives and attorneys and steal more than $129 million.
Data center protesters break into Microsoft site in Amsterdam
Protesters are demanding a pause in data center construction in Europe. Campaigners planning protests in 16 countries say the AI building boom threatens water supplies, power grids and climate goals.
AMNESTY INTERNATIONAL HUMAN RIGHTS
EU: Commission’s findings on TikTok “rabbit hole” effect must trigger fundamental changes to social media design
Responding to the European Commission’s preliminary findings that TikTok is in breach of the Digital Services Act (DSA) because of the “rabbit hole” effect of its recommender system, Lisa Dittmer, Amnesty International Researcher on…
Italian chef fired after refusing to put pineapple on pizza, calling it 'insult to his culture'
An Italian chef was fired from a restaurant after repeatedly refusing to make ham-and-pineapple pizza, calling it an "insult to his culture."
BLOOMBERG CORPORATE ACCOUNTABILITY
Anthropic IPO Valuation Expectations Hit After AI Rout
Prospective investors in Anthropic's IPO are facing a weekend of uncertainty after a punishing post-election selloff in AI stocks prompted a rethink of the company’s expected valuation. Tom Mackenzie explains. (Source: Bloomberg)
BLOOMBERG CORPORATE ACCOUNTABILITY
From New York to Seoul, AI Investors Balk at Costs and Risks
From New York to Seoul, investors in the technology are balking at huge costs and worried about other vulnerabilities.
BLOOMBERG CORPORATE ACCOUNTABILITY
Nubank Halts Some Crypto Transactions, Citing Snag With Provider
Nu Holdings Ltd. temporarily suspended cryptocurrency deposits and withdrawals in Brazil because of a problem with an external provider, a week after hackers stole $6.3 billion from Binance Holdings Ltd.
A.I. Was Supposed to Come for Our Jobs. So Far, Evidence Is Mixed.
White collar industries that are most exposed to artificial intelligence continued to add jobs in October, although that growth has been weak.
Nasa announces new 'X-70' plane it claims can fly like nothing has before
Space agency reveals new experimental aircraft with AI generated image
Protesters break into Microsoft data center site in Amsterdam as Europe’s backlash spreads
Protesters have broken into a Microsoft data center construction site in Amsterdam
Data center double-down: Hassett says Blue Wave won't stop AI build-out
Data centers are a crucial part of President Donald Trump's push to win the global artificial intelligence race, which continues despite the midterm results.
Anthropic IPO announcement odds drop on Kalshi following midterms and AI sell-off
Kalshi traders cut the odds of an Anthropic IPO announcement before December as AI stocks sold off after Democrats won control of Congress.
Protesters break into Microsoft AI data centre site in Amsterdam
More than 100 activists broke into a Microsoft data centre construction site in Amsterdam.
Amazon supercharges Alexa as your personal shopper: Here’s what 100 new tools mean for you
Retailers are racing to add AI to customer shopping experiences
‘Stringing me along’: After 7 years, trial in Indigenous forest guardian killing delayed again
Why hasn’t the trial for the 2019 killing of forest guardian Paulo Paulino Guajajara and the attempted killing of fellow guardian Láercio Guajajara, in the Brazilian Amazon, taken place yet? “[T]here are no available slots on the court’s…
BLOOMBERG CORPORATE ACCOUNTABILITY
Anthropic IPO Valuation Under Pressure After Tech Rout
The selloff in tech stocks could hurt Anthropic. Potential buyers are discussing a valuation range of $1.2 trillion to $1.3 trillion for the company, which could go public before Thanksgiving. Mandeep Singh of Bloomberg Intelligence has…
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Could the US midterms put a pin in the AI bubble?
Fears of more AI regulation appear to have sparked fear among investors, but concerns about the industry have been growing for some time.
Fact check: Three viral Iran war posts debunked
In the wake of the new US attack on Iran, social media is awash with dramatic images and claims about the fighting. DW Fact Check found AI-generated and recycled videos, as well as misleading posts from dubious accounts.