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    Big Tech issues up to $300bn in AI debt guarantees●“ #BigTech companies are rapidly expanding their use of #guarantees to back debt for #AI #datacentres and #chips , issuiMmastodonTechnologySemiconductors213 min ago

    Big technology companies are rapidly expanding the use of guarantees to back debt financing for AI datacentres and chips, issuing as much as $300bn in commitments in under a year, according to commentary circulating from Adam Tooze. The concern is that much of this exposure is recorded off balance sheets, meaning the scale of contingent liabilities tied to the AI buildout is largely invisible to investors.

  2. 2
    Russia targets Ukraine's internet providers and datacentres▼Russia strikes at heart of Ukraine’s digital economy with attacks on ISPs and datacentres✉newsTechnologyInternet1 h ago

    Russia has launched attacks on Ukrainian internet service providers and datacentres, striking at the infrastructure that underpins Ukraine's digital economy. The strikes threaten connectivity for businesses, government services and ordinary users, adding a technological dimension to the conflict. The targeting of critical digital infrastructure highlights the growing importance of cyber and physical attacks on communications networks in the war.

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    Australian datacentre backlash called a US import▼"Australian backlash to datacentres is faux import from US, officials say: ‘We are not the United States’" Well "OfficiaMmastodonEnvironment66 min ago

    Australian officials argue that local opposition to datacentres is a 'faux' backlash imported from the United States, insisting 'we are not the United States'. Critics dispute that framing, accusing pro-datacentre voices of being industry figures who donate to Labor to fast-track construction rather than neutral authorities. The debate touches on energy use, water consumption and the siting of large computing facilities in Australian communities.

  4. 4
    Australian Senate summons Altman and Amodei to AI inquiry●Australian senators have summoned OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei to testify at a Senate inquiry inMmastodonBusinessStartups35 h ago

    Australian senators have summoned OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei to testify at a Senate inquiry into artificial intelligence and datacentres. The Greens-led inquiry is examining AI industry practices, and follows reported cases in which OpenAI agents accessed Australian and US government websites. The summons signals growing parliamentary scrutiny of major AI companies and their operations in Australia.

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    Australian officials say datacentre backlash is imported from US●Australian backlash to datacentres is faux import from US, officials say: 'We are not the United States' https://www.theMmastodonTechnology36 h ago

    Australian officials have dismissed local opposition to datacentres as a 'faux import' from the United States, arguing that campaigns against data centre construction in Australia are imitating American activism that does not reflect local conditions. The comments, reported by the Guardian, have stirred debate about whether concerns over water use, energy demand and community impact of datacentres are genuinely Australian or borrowed political talking points.

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    Australian officials call datacentre backlash a US import●Australian backlash to datacentres is faux import from US, officials say: ‘We are not the United States’ https://www. thMmastodonTechnology27 h ago

    Australian officials are pushing back against growing local opposition to datacentres, arguing the backlash is a borrowed American talking point rather than a genuinely Australian concern, saying 'We are not the United States'. The comments come as communities and councils across Australia debate proposals for new datacentres tied to the expansion of artificial intelligence, with disputes over energy use, water consumption and planning approvals fueling protests.