Oracle may slash up to 30k jobs to fund AI data-centers as US banks retreat(cio.com)

129 points by ljoshua 7 months ago | 127 comments

Stripe will acquire OpenRouter for $7.5B(startupfortune.com)

51 points by novaRom 7 days ago | 7 comments

Startup Fortune article reporting Stripe agreed to acquire AI model routing startup OpenRouter for about $7.5 billion, outbidding Databricks.

AI's debt binge can't last, hidden borrowing reaches $1.65T(fortune.com)

82 points by mapping365 2 months ago | 61 comments

Big Tech is borrowing like never before(startupfortune.com)

40 points by krupan 4 months ago | 31 comments

OpenAI is walking away from expanding its Stargate data center with Oracle(cnbc.com)

375 points by spenvo 7 months ago | 220 comments

CNBC article reporting that OpenAI is walking away from expanding its Stargate data center with Oracle, and examining Oracle's debt-funded AI buildout.

A16Z-backed data firms Fivetran, dbt Labs to merge in all-stock deal(reuters.com)

93 points by mjirv 1 year ago | 33 comments

AI Companies Are Trying to Hide a Staggering Amount of Debt(futurism.com)

628 points by technewssss 3 months ago | 317 comments

Futurism article reporting that AI companies are using off-balance-sheet arrangements to hide large amounts of debt.

AI needs $6T in annual revenue to justify data centre boom(thenationalnews.com)

158 points by Betelbuddy 26 days ago | 191 comments

The National news article reporting that the AI industry would need about $6 trillion in annual revenue by 2031 to justify the data centre build-out.

The AI boom is causing shortages everywhere else(washingtonpost.com)

359 points by 1vuio0pswjnm7 8 months ago | 596 comments

Washington Post article on how the roughly $700 billion AI spending boom is causing shortages of electricians, components, and pricier smartphones elsewhere in the economy.

Spending on AI Is Becoming Almost Impossible for Businesses to Budget(wsj.com)

40 points by swolpers 21 days ago | 41 comments

Wall Street Journal article on how businesses struggle to budget for AI spending as token-based costs grow unpredictably.

AI models may soon self-replicate without access to data centers(reuters.com)

25 points by samizdis 13 days ago | 38 comments

Reuters article on an Anthropic warning that AI models may soon be able to self-replicate without access to data centers; page shows a device verification screen.

Thousands of CEOs just admitted AI had no impact on employment or productivity(fortune.com)

725 points by virgildotcodes 8 months ago | 637 comments

Fortune article on a survey of thousands of CEOs reporting AI had no measurable effect on employment or productivity, reviving the Solow productivity paradox.