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    Big Tech issues up to $300bn in guarantees for AI debt●“ #BigTech companies are rapidly expanding their use of #guarantees to back debt for #AI #datacentres and #chips , issuiMmastodonTechnologySemiconductors258 min ago

    Big technology companies are rapidly expanding their use of guarantees to back debt for AI data centres and chips, issuing up to $300bn in commitments in less than a year. Commentators note that much of this exposure is recorded off their balance sheets, raising questions about hidden financial risk tied to the AI build-out.

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    Data centre boom strains Alberta's water and power resources●An environmental reckoning? Data centre rush hits hard realities # Alberta # Canada # Tech # AI # Water # DataCentres #MmastodonBusiness2310 h ago

    Alberta is facing growing scrutiny over its rapid expansion of data centres, driven largely by demand from the artificial intelligence industry. Reports highlight the strain on local water supplies, electricity grids and natural gas resources, with rural communities and utilities caught up in the push. Critics frame it as an environmental reckoning, raising questions about whether the economic benefits outweigh the costs to land, water and climate commitments in the province.

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    New Jersey datacenter fined $1.1m over unpermitted generators▼New Jersey datacenter fined $1.1m after visual investigation showed dozens of unpermitted generatorsMmastodonTechnology696 min ago

    New Jersey regulators have issued a record $1.1 million fine against DataOne's datacenter in Vineland after dozens of unpermitted diesel generators were documented at the site. The enforcement followed a visual investigation by Floodlight in partnership with The Guardian, which revealed the facility was running equipment without permits. The case has drawn attention to the environmental footprint and oversight of rapidly expanding datacenter infrastructure.

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    Controversial $1.2bn Sydney datacentre plan scrapped●Plan for controversial $1.2bn datacentre in Sydney scrapped due to 'emerging' regulations https://www.theguardian.com/auMmastodonWorld47 h ago

    A plan for a $1.2 billion datacentre in Sydney has been abandoned, with emerging regulations cited as the reason. The project had drawn controversy, and the decision highlights growing uncertainty for large datacentre developments in Australia as governments move to introduce new rules governing the sector.

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    Datacenter developers accused of skirting US pollution rules▼Datacenter developers accused of skirting key US pollution rules✉newsEnvironment13 h ago

    Datacenter developers in the United States are facing accusations that they are circumventing key pollution regulations. According to reporting by The Guardian, the rapid buildout of datacenter infrastructure may be exploiting gaps or exemptions in environmental rules, raising concerns among regulators and communities about air, water and emissions impacts as the industry expands at pace.

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    Anthropic to skip Senate hearing on AI and datacentres●🤖 Anthropic will not appear at Senate inquiry into AI and datacentres amid fallout from OpenAI hack Company behind ClaudMmastodonTechnologyAI19 h ago

    Anthropic will not appear at an inquiry into AI and datacentres, amid fallout from a reported hack of OpenAI. The company behind the Claude chatbot had been invited to appear, and its chief executive is expected to decline. Anthropic is instead expected to attend a separate Australian government hearing on artificial intelligence next week.

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    ACEN sells initial 10% stake in 250-MW Indian solar project▼ACEN sells initial 10% stake in 250-MW Indian PV scheme✉newsEnvironmentEnergy9 h ago

    ACEN, the renewable energy arm of the Ayala Group, has sold an initial 10% stake in its 250-MW solar project in India. The partial divestment is an early step in the company's plans to bring in partners for the Indian photovoltaic scheme, reflecting ongoing interest from investors in utility-scale solar assets in the country.

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    Canada Pension Plan criticised for gas power investments tied to AI data centres▼# AI # DataCentres # canada Gas Power Plants for AI Data Centres Are a Risky Bet with Your Retirement Savings The CanadaMmastodonEnvironmentClimate1220 h ago

    Critics are accusing the Canada Pension Plan Investment Board of risking the retirement savings of 22 million Canadians by backing gas power plants meant to serve AI data centres. The argument is that the pension fund should act in contributors' best interest, not gamble on fossil fuel infrastructure whose value could erode as clean energy advances and AI demand shifts.

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    Wrexham's celebrity owners buy The Turf pub●Cheers! Wrexham’s celebrity owners buy ‘The Turf’ pub that’s adjacent to the club’s stadium✉newsCultureCelebrity22 h ago

    Ryan Reynolds and Rob McElhenney, the Hollywood owners of Welsh football club Wrexham AFC, have bought The Turf, the historic pub that sits directly beside the club's Racecourse Ground stadium. The buy adds to the actors' growing portfolio in the city, where their ownership has drawn worldwide attention and boosted local business.