1 place 12
Axios reports that venture capitalist Alex Davis is warning that a speculative rush to build data centers without committed tenants could trigger a financing crunch by 2027-2028.
"This critique is coming from inside the AI optimist camp," notes Axios, as Davis' firm, Disruptive, "recently led a large investment in AI chipmaker Groq, which then signed a $20 billion licensing deal with Nvidia. It's also backed such unicorn startups as Reflection AI, Shield AI and Gecko Robotics."
Here's what Davis had to.
A newsletter a day!
You may get 10 most important news around midday in daily newsletter. Press the button and we will send you the most important news only, no spam attached.
LIKE us on Facebook so you won't miss the most important news of the day!
Slashdot
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
0
A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
0
Microsoft and G42 data center plans in Kenya face power capacity constraints as the national grid struggles with electricity demand requirements Read more ›
0 newcommer
Discovery Station has become one of my new favorite tools to discover new artists and genres in Apple Music. Read more ›
0 fresh
Think the Harley-Davidson Milwaukee-Eight is the king of the road? Discover the four incredibly powerful V-twin engines that leave it in the dust. Read more ›
0 fresh
The rapid construction of AI data centers has angered local residents, and they have every right to be angry. Read more ›
0 fresh
The Trump Mobile T1, which was supposed to launch in 2025, may actually be a modified version of a 2024 phone. Read more ›
0 fresh
This is a rather interesting development for sure, but for whatever reason, Samsung has already shipped an update containing Android’s May security patches to the Galaxy A55 and is now doing the same for the Galaxy A54. Meanwhile, this author’s personal Galaxy S26 Ultra is still running patches from April 5 as of writing this article. We snooped around in the changelog for the update just out of curiosity. Perhaps... Read more ›
0 fresh
Disney recently celebrated its 'Week of Wishes' with Make-A-Wish, including a rare behind-the-scenes visit to Imagineering for Eli, a 12-year-old robotics fan who explored how Imagineers use robotics, animatronics, reinforcement learning, and immersive systems for storytelling. Read more ›
0 fresh
Is your kitchen's most essential appliance a ticking time bomb? Discover the average lifespan of a fridge and the signs it's about to cost you thousands. Read more ›
0 fresh
Google has previewed the Pause Point feature coming our way with Android 17, and I like the look of it. Read more ›
0 fresh
With enterprise AI adoption on the rise, OpenAI is keen to step in and help your workers and business grow. Read more ›
0 fresh
Here's how to stream the remaining installments of the series starring Zendaya, Sydney Sweeney and Jacob Elordi. Read more ›
0 fresh
Looking for NYT Strands answers and hints? Here's all you need to know to solve today's game, including the spangram. Read more ›
0 fresh
Looking for NYT Connections answers and hints? Here's all you need to know to solve today's game, plus my commentary on the puzzles. Read more ›
0 fresh
Looking for Quordle clues? We can help. Plus get the answers to Quordle today and past solutions. Read more ›
0 fresh
Few U.S. school campuses can boast the presence of one of the most iconic fighter aircraft of the previous century on their front lawn. Read more ›
0 fresh
Mistral's CEO Arthur Mensch said AI dominance will depend on who controls chips, energy, and computing infrastructure. Read more ›
0 fresh
"Every link leads to an entry that does not exist yet," explains the GitHub page for a Wikipedia-like site called Halupedia. "Until you click it, at which point an LLM pretends it has always existed and writes it for you, in the deadpan register of a 19th-century scholarly press..." Every article is invented on demand. The footnotes are also lies... The hardest problem with an infinite, on-demand encyclopedia is internal... Read more ›
0 fresh
Slashdot
Under the nonprofit Linux Foundation, "a new Sustaining Package Registries Working Group will seek to identify concrete funding, governance, and security practices," reports ZDNet, "to keep code flowing as download counts grow.... Because software builds, continuous integration pipelines, and AI systems hammer registries at machine speed rather than human speed, the sites can't keep up. "That growth has brought a surge in bot traffic, automated publishing, security reports, and outright... Read more ›
0
While Nvidia has dominated the "infrastructure boom" since 2022's launch of ChatGPT and "the generative AI craze," CNBC writes that "This week offered the starkest illustration yet of what MIzuho analyst Jordan Klein said could be a 'changing of the guard in AI.'" Chipmakers Advanced Micro Devices and Intel notched gains of about 25%, while memory maker Micron jumped more than 37% and fiber-optic cable maker Corning climbed about 18%.... Read more ›
0
"Meta's embrace of AI is making its employees miserable," reports the New York Times. And "After Meta said late last month that it would start tracking employees' computer use, hundreds of workers spoke up." (One employee even told Meta's CTO in an internal post, "Your callousness to the concerns of your own employees is concerning." In an internal post last month, Meta told its U.S. employees that it was making... Read more ›
0
CNBC reports: The European Union is considering rules that would restrict its member governments' use of U.S. cloud providers to handle sensitive data, sources familiar with the talks told CNBC. The European Commission — the EU's executive branch — is expected to present its "Tech Sovereignty Package" on May 27, which will include a range of measures aimed at bolstering the bloc's strategic autonomy in key digital areas. As part... Read more ›
0
IT sector unemployment "increased to 3.8% in April from 3.6% in March," reports the Wall Street Journal. But they add that the increase reflects "an ongoing uncertainty in tech as AI continues to play havoc with hiring. That's according to analysis from consulting firm Janco Associates, which bases its findings on data from the U.S. Labor Department." On Friday, the department said the economy added 115,000 jobs, buoyed by gains... Read more ›
0
For just the first three months of 2026, Rocket Lab's launch business reports $63.7 million in revenue, reports CNBC — plus another $136.7 million from its space systems business. Besides beating Wall Street's expectations, Rocket Lab also announced that its backlog has more than doubled from a year ago to $2.2 billion, and that it's buying space robotics company Motiv Space Systems. Friday its stock price shot up 34% in... Read more ›
0
An anonymous reader shared this report from Futurism: In November, Amazon leaders sent an internal memo to employees, pushing them to use its in-house code generating tool, Kiro, over third-party alternatives from competitors. "While we continue to support existing tools in use today, we do not plan to support additional third party, AI development tools," the memo read, as quoted by Reuters at the time. "As part of our builder... Read more ›
0
"General Motors sold the data of California drivers without their knowledge or consent," says California's attorney general, "and despite numerous statements reassuring drivers that it would not do so." In 2024, The New York Times "reported that automakers including GM were sharing information about their customers' driving behavior with insurance companies," remembers TechCrunch, "and that some customers were concerned that their insurance rates had gone up as a result." Now... Read more ›
0
This week Amazon opened up its parcel shipping, fulfillment, and distribution "to businesses of all types and sizes." Any business can now ship, store, and deliver "using the same supply chain that supports Amazon," according to Monday's announcement of "Amazon Supply Chain Services." The move sent shares of UPS and FedEx "tumbling" Monday writes GeekWire. And though both stocks bounced back as the week went on, GeekWire sees this as... Read more ›
0
Major American cloud companies with data centers in the Persian Gulf "are channeling data out of the war zone through fiber-optic cables that an Iraqi telecom has strung alongside crude-oil pipelines," reports RestofWorld.org: The data centers serve customers in more than 190 countries, processing transactions, storing files, and running applications for businesses and individuals from Latin America to South Asia. When Iranian drones struck Amazon's facilities in the United Arab... Read more ›
0
Most popular sources
ScienceDaily
|
0% |
Financial Times
|
0% |
Eurogamer.net
|
0% |
The Fintech Times
|
0% |
Ars Technica
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
16.05.2026 21:26
Last update: 21:10 EDT.
News rating updated: 04:20.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.
