Big Tech Keeps Its A.I. Data Center Spending Boom Alive
An apparent breakthrough in efficiency from the Chinese start-up did not make tech’s biggest companies question their extravagant spending on new data centers.
Read more at The New York Times
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OpenAI Is Looking Across the U.S. for Sites to Build Its Trump-Backed Stargate AI Data Centers
OpenAI has begun visiting locations in Oregon, Pennsylvania, and Wisconsin this week.Inc. - Feb. 6 -
How China's DeepSeek could boost the already booming data center market
Despite an initial knee-jerk reaction from markets, experts told CNBC that cheaper and more efficient AI models could ultimately boost the data center market.CNBC - 4d -
AI is the future of tech, but its effects on the climate could change everything
Big Tech should act now, in the early days of AI.The Hill - 3d -
Wall Street buys into Newmark Group’s AI data-center prospects as stock rallies
Newmark Group’s stock saw sharp gains on Friday, with investors snapping up shares of the commercial real-estate services company as it talked up its prospects for artificial-intelligence data ...MarketWatch - 4d -
How Trump’s antitrust officers can tackle Big Tech and keep America innovative
Striking the right balance between punishing anticompetitive behavior and allowing companies to leverage their scale to satisfy consumers would be a win for innovation and prosperity.The Hill - 3d -
Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies
Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies.CNBC - Feb. 8 -
No. 20 Arizona avenge its only Big 12 loss with an 82-73 victory over No. 13 Texas Tech
Jaden Bradley and Caleb Love each scored 16 points and No. 20 Arizona avenged its only Big 12 Conference loss with an 82-73 victory over No. 13 Texas Tech on Saturday nightABC News - Feb. 9 -
No. 20 Arizona avenge its only Big 12 loss with an 82-73 victory over No. 13 Texas Tech
Jaden Bradley and Caleb Love each scored 16 points and No. 20 Arizona avenged its only Big 12 loss with an 82-73 victory over No. 13 Texas Tech on Saturday night.Yahoo Sports - Feb. 9 -
Soros fund leans into Big Tech and AI plays — but parts ways with this banking giant
Soros Fund Management, the fund founded by billionaire investor George Soros, boosted its positions in tech plays in the fourth quarter, while selling off all of its shares in JPMorgan Chase.MarketWatch - 4d -
Big Tech’s AI dream demands real money — but even more wishing and hoping
Many intelligent people avoid looking at what really matters for stock prices.MarketWatch - 3d -
Big Tech’s hinterland of ideas
Surveying the thinking that animates America’s new oligarchsFinancial Times - 5d -
Locals fight to keep polar bear hot-spot alive
A remote community on the icy shores of Canada's Hudson Bay is struggling to maintain its polar bear population that drives its economy and way of life. Erin Hassanzadeh reports.CBS News - Feb. 8 -
Anduril in talks to raise money at $28 billion valuation as defense-tech booms
Anduril has signed a term sheet to raise up to $2.5 billion at a valuation of $28 billion, according to sources close to the company.CNBC - Feb. 7 -
One Of The Most Famous Voice Actors Alive Speaks Out About AI
One of the most famous voice actors working today, Hank Azaria, has published an op-ed for The New York Times in which he discusses artificial intelligence, including his fears about the ...GameSpot - Feb. 7 -
SoftBank brings vision and volatility to big tech bets
AI is Masayoshi Son’s most ambitious bet yetFinancial Times - 6d -
Big Tech is moving on from the DeepSeek shock
The industry is turning to packaging of AI technologies rather than focusing on model trainingFinancial Times - 5d -
Women's Bracketology: JuJu Watkins' historic game keeps USC alive for No. 1 seed
The line between the No. 1 and No. 2 seeds has never been murkierCBS Sports - 4d -
Mac McClung's legendary Dunk Contest performance proves NBA doesn't need stars like Ja Morant to keep it alive
McClung has played five career NBA games, but he's a staple at All-Star weekendCBS Sports - 2d -
Congress should stop researching data center threats and start protecting them
It’s crucial that data center operators be prepared to counter adverse events.The Hill - Feb. 9 -
Brussels becoming more supportive of Big Tech, says Booking CEO
Also in this newsletter: ruling party to lose outright majority in Kosovo electionsFinancial Times - Feb. 10 -
The CFPB Work Freeze Is Putting Big Tech Regulations ‘On Ice’
The cease-work order at the Consumer Financial Protection Bureau won’t just affect lawsuits and enforcement actions. It will stall regulation that could govern tech companies like Apple and Google.Wired - Feb. 11 -
DOGE Is Supposed to Be Cutting Government Spending. Its Budget Just Doubled
Elon Musk’s Department of Government Efficiency has already seen its total budgetary resources increase by 114%.Inc. - 3d -
Tencent changes the messaging on its AI strategy
By choosing DeepSeek instead of its own model, the tech giant is opting for flexibility over full in-house controlFinancial Times - 14h -
AI summit in Paris: World leaders, tech titans and challenging diplomatic talks
Major world political leaders are meeting for an AI summit in Paris, where challenging diplomatic talks are expected while tech titans fight for dominance in the fast-moving technology industryABC News - Feb. 10 -
Vance warns tech leaders, politicians against excessive AI regulation
Vice President JD Vance warned foreign leaders on Tuesday against placing excessive regulations on artificial intelligence in Paris. He highlighted U.S. advancements in AI and vowed to safeguard ...CBS News - 6d -
Snap’s increased AI spending may push profits even further out
Guggenheim downgraded Snap’s stock, warning that increased AI investments could defer operating profits until 2027.MarketWatch - Feb. 11 -
Trump metal tariffs could slow data center growth and disrupt power grid, analyst says
Demand for transformers, a key component in the electric, has exploded as infrastructure ages and power demand rises.CNBC - 5d -
Who’s using AI the most? The Anthropic Economic Index breaks down the data
Anthropic uncovers AI's true workforce impact: 57% augmentation vs 43% automation across industries, based on 4 million Claude interactions.VentureBeat - Feb. 10 -
SAP integrates Databricks to enhance AI readiness with new Business Data Cloud
SAP's Databricks-powered Business Data Cloud will give teams a faster, simpler way to unify and mobilize their business data assets.VentureBeat - 5d -
AI’s biggest obstacle? Data reliability. Astronomer’s new platform tackles the challenge
Astronomer launches Astro Observe, an AI-powered data observability platform that combines orchestration and monitoring.VentureBeat - 5d -
JD Vance tells Paris AI summit the Trump administration will keep 'ideological bias' out of AI, rails against regulation
JD Vance tells Paris AI summit the Trump administration will keep 'ideological bias' out of AI, rails against regulationABC News - Feb. 11 -
Arm may be on the verge of a big strategic shift — competing with its customers
Arm’s stock jumps 6% following a report saying that the company plans to debut a new chip with MetaMarketWatch - 5d -
How the ripple effect of inflation, tariff concern could impact 2 big tech stocks
Inflation-wary consumers are still worried about rising prices — for good reason.CNBC - 6d -
Wells Fargo gets another win, plus what's fueled 2 tech giants to big weeks
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - 4d -
Silicon Valley and Indian investors spend big as English cricket goes up for sale
Foreign investors have been googly-eyed about English soccer for decadesABC News - Feb. 7
More from The New York Times
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A Look at OpenAI’s Operator, a New A.I. Agent
Operator, a new computer-using tool from OpenAI, is brittle and occasionally erratic, but it points to a future of powerful A.I. agents.The New York Times - Feb. 2 -
Banks Sell $4.7 Billion of X’s Debt, in a Sign of Investor Demand
The social media company is attracting investor interest because of Elon Musk’s close ties to President Trump and a recent jump in revenue.The New York Times - 4d -
Meta Said to Explore Incorporating in a Different State
The owner of Facebook and Instagram is incorporated in Delaware, but is considering a change. Its corporate headquarters would remain in Silicon Valley, people with knowledge of the matter said.The New York Times - Jan. 31 -
Bill Gates Isn’t Like Those Other Tech Billionaires
The Microsoft co-founder and philanthropist is taking a break from the future to examine his past — and mulling where the billionaires now fit in.The New York Times - Jan. 31 -
Elon Musk Casts Doubt on Trump’s $100 Billion Stargate A.I. Announcement
Mr. Trump had claimed the A.I. announcement as an early trophy, taking credit for the companies’ decision to spend up to $500 billion building data centers.The New York Times - Jan. 22
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Nintendo discontinues Gold Points rewards program
Nintendo has cut off its My Nintendo Gold Points rewards program, with the final day for earning Points being March 24.VentureBeat - 1h -
AI can fix bugs—but can’t find them: OpenAI’s study highlights limits of LLMs in software engineering
A new test from OpenAI researchers found that LLMs were unable to resolve some freelance coding tests, failing to earn full value.VentureBeat - 1h -
Elon Musk’s DOGE Is Being Sued Under the Privacy Act: What to Know
At least eight ongoing lawsuits related to the so-called Department of Government Efficiency’s alleged access to sensitive data hinge on the Watergate-inspired Privacy Act of 1974. But it’s not ...Wired - 2h -
Not Even DOGE Employees Know Who's Legally Running DOGE
Despite all appearances, the White House insists that Elon Musk is not in charge of DOGE. US Doge Service employees can’t get a straight answer about who is.Wired - 4h -
The 46 Best Shows on Max (aka HBO Max) Right Now (February 2025)
The White Lotus, The Pitt, and Dune: Prophecy are just a few of the shows you need to be watching on Max this month.Wired - 4h