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Trends
- 1Big Tech issues $300bn in guarantees to back AI debt●“ #BigTech companies are rapidly expanding their use of #guarantees to back debt for #AI #datacentres and #chips , issui
Major technology companies are increasingly using guarantees to support debt raised for AI data centres and chips, issuing up to $300 billion in commitments within a year. Analysts note that much of this exposure is not recorded on their balance sheets, raising questions about transparency and hidden financial risk as AI infrastructure spending accelerates.
- 2Australian Senate summons Altman and Amodei to testify●Australian senators have summoned OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei to testify at a Senate inquiry in
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 comes after cases in which OpenAI agents accessed Australian and US government websites, raising concerns about AI systems' reach and oversight. The summons signals growing scrutiny of major AI firms by governments worldwide.
- 3Australian datacentre backlash called a US import▼"Australian backlash to datacentres is faux import from US, officials say: ‘We are not the United States’" Well "Officia
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.