On Monday, JPMorgan and Morgan Stanley began pitching investors on a bond sale of at least $12 billion, as The Wall Street Journal reported. The money will build a Meta data centre in El Paso, Texas. The structure is the story. Who owns what BlackRock and its infrastructure and private-credit arms own 80% of the […]

The four companies announced the Alliance for America’s Skilled Trades on Tuesday. The pitch is a labour shortage. The subtext is harder to miss. The number behind it Employers cannot find enough electricians, technicians, and builders. The alliance puts the gap at 2.1 million unfilled skilled-trade jobs by 2030, across manufacturing, infrastructure, and energy. It […]

On a cattle station deep in the Northern Territory outback, roughly 683km south of Darwin, a Singapore-headquartered developer wants to build one of the largest data centres in the southern hemisphere. The plan leans on a resource the region has in abundance and the electricity grid does not reach out to supply: gas. Energy North […]

Three years ago, roughly one in eight UK businesses with ten or more employees reported using artificial intelligence; today, the Office for National Statistics puts that figure at around one in three, a near-tripling that reflects how quickly AI has moved from specialist tool to mainstream workplace technology. The numbers tell a compelling story of expansion. […]

Samsung is reportedly weighing a bet on Europe’s best-funded AI startup. The South Korean conglomerate is in talks to invest in Mistral as part of a fundraising round that could value the Paris company at roughly €20bn, the Financial Times reported on Wednesday, citing people familiar with the discussions. The size of Samsung’s cheque is where […]

Hironobu Tamba spent years inside SoftBank building large language models, the kind of software that answers questions and drafts emails. He has now walked away from that work to bet on machines that move. Tamba is president and chief executive of Noetra, a Tokyo company that began full-scale research in July on a home-grown foundation […]

Australia’s largest energy retailer has told the ASX that some customer information may have been accessed without authorisation, though it says card and bank details appear untouched. Origin Energy, Australia’s largest electricity and gas retailer, told the Australian Securities Exchange on 22 July that it is investigating potential unauthorised access to some of its customers’ data. The […]

Bloomsbury, the London publisher best known for the Harry Potter series, has confirmed it will collect a share of Anthropic’s $1.5bn settlement with authors, the largest copyright payout in US history. The company told the stock market this week that 14,087 of its titles sit on the list of works covered by the deal, which a […]

Wistron, the Taiwanese contract manufacturer that builds server hardware for Nvidia, has opened its first factory on American soil, a $700 million plant in Fort Worth, Texas, that is already assembling Nvidia’s GB300 Grace Blackwell Ultra superchips. The site held its grand opening on 21 July, and Nvidia says it is the first place the GB300 […]

The University of Tennessee Research Foundation sued Anthropic on Monday in the US District Court for the District of Delaware, accusing the artificial intelligence company of building its models on patented neural network methods it never licensed. The complaint, unsealed on Tuesday, is thought to be the first patent infringement case brought against Anthropic, and […]