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Building AI data centers is becoming a stress test for banks
The construction of new AI data centers devours billions in borrowed capital. Major banks such as JPMorgan and Morgan Stanley are now looking for ways to pass on the growing credit risks to other investors.<br /> The article Building AI data centers is becoming a stress test for banks appeared first on The Decoder. [...]
The Morning After: Electronics got a temporary US tariff exemption
Just before the weekend, the US Customs and Border Protection published a list of products excluded from Trump’s tariffs, including smartphones, PCs, memory chips and let’s say 80 percent of everything we write about at Engadget.<br /> However, that’s more because they’ll be siloed into a specific product category. Commerce Secretary Howard Lutnick said in an interview on Sunday: †[...]