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AI datacentres

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    Big Tech backs up to $300bn in AI debt off its books●“ #BigTech companies are rapidly expanding their use of #guarantees to back debt for #AI #datacentres and #chips , issuiMmastodonTechnologySemiconductors253 min ago

    Major technology companies are rapidly expanding their use of guarantees to back debt raised for AI datacentres and chips, issuing up to $300 billion in commitments in less than a year. Commentators note that most of this exposure is recorded off balance sheets, raising questions about hidden financial risk in the AI buildout.

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    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 inMmastodonBusinessStartups31 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.