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- 1Big 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 , issui
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.
- 2New Jersey datacenter fined $1.1m over unpermitted generators●New Jersey datacenter fined $1.1m after visual investigation showed dozens of unpermitted generators
New Jersey regulators have imposed a $1.1 million fine on DataOne's Vineland datacenter after a visual investigation, conducted with Floodlight and the Guardian, revealed dozens of unpermitted generators at the facility. The penalty is described as a record for the state regulator, highlighting scrutiny of datacenter infrastructure and its environmental compliance.
- 3Controversial $1.2bn Sydney datacentre plan scrapped●Plan for controversial $1.2bn datacentre in Sydney scrapped due to 'emerging' regulations https://www.theguardian.com/au
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.