SpaceX's Elon Musk reveals $40 billion in debt for AI chips, warns of neoclouds
SpaceX CEO Elon Musk said his company closed on $40 billion in financing to pay for specialized chips used to power AI.
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CoreWeave, AI landlord stocks sink to lowest levels in more than a year as the price of insuring CoreWeave's debt doubles
Wall Street is still paying up for the companies that buy AI computing power while dumping the neoclouds that borrowed billions to rent it out.
UN panel: Russia is committing crimes against humanity by targeting civilians in Ukraine
Russia is committing war crimes and crimes against humanity by intentionally attacking civilian infrastructure – including vital energy systems – in Ukraine, an independent UN investigations panel said on Monday.
Meta announces plans to raise up to $95 billion for AI build-out
Meta laid out a plan to raise up to $95 billion for its AI infrastructure build-out on Monday.