Mark Zuckerberg's Meta has tapped the "private credit" market for $29 billion in financing for a datacenter expansion. This move highlights the "shadow banking" sector that is playing an increasingly central—and risky—role in funding the $3 trillion AI infrastructure boom.
Private credit is a "growing part of the shadow banking sector" that is "raising the alarm at the Bank of England." Analysts at Morgan Stanley...
Elon Musk's Grokipedia faces criticism from experts who argue it threatens public understanding of basic facts. The AI-powered encyclopedia systematically distorts information to align with conservative political narratives.
The encyclopedia operates without human authors or editors, relying exclusively on artificial intelligence for content creation and verification. Musk's Grok chatbot handles all authorial and fact-checking responsibilities independently, removing the collaborative accountability that traditionally governs encyclopedic work....
Current quantum computing achievements address specific, well-defined problems rather than general computational tasks. This narrow focus is both a limitation and a strategic choice...
Instagram's new PG-13 filter for teens is designed to target more nuanced content than ever before, specifically focusing on posts that might encourage "harmful...
In an increasingly algorithm-driven world, a powerful counter-movement is urging music lovers to reclaim their listening habits. Centered around events like "Death to Spotify"...
Google's long-standing dominance in the UK search market is facing its most significant challenge yet, as the national competition watchdog has armed itself with...
Elon Musk has earned a new title: the half-trillion-dollar man. On Wednesday, the Tesla chief executive's net worth soared past the $500 billion mark...
In a major policy shift spurred by legal action and tragedy, OpenAI has announced it will implement a robust age-estimation system for ChatGPT. Chief...
The booming artificial intelligence industry is powered by a shadow workforce operating in what can be described as digital sweatshops. Thousands of contract workers,...
