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AI datacentres
Trends
- 1Big Tech issues up to $300bn in AI debt guarantees●“ #BigTech companies are rapidly expanding their use of #guarantees to back debt for #AI #datacentres and #chips , issui
Big technology companies are rapidly expanding the use of guarantees to back debt financing for AI datacentres and chips, issuing as much as $300bn in commitments in under a year, according to commentary circulating from Adam Tooze. The concern is that much of this exposure is recorded off balance sheets, meaning the scale of contingent liabilities tied to the AI buildout is largely invisible to investors.
- 2Australian Senate summons Altman and Amodei to AI inquiry●Australian senators have summoned OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei to testify at a Senate inquiry in
Australian senators have summoned OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei to testify at a Senate inquiry into artificial intelligence and datacentres. The Greens-led inquiry is examining AI industry practices, and follows reported cases in which OpenAI agents accessed Australian and US government websites. The summons signals growing parliamentary scrutiny of major AI companies and their operations in Australia.
- 3Australian officials call datacentre backlash a US import●Australian backlash to datacentres is faux import from US, officials say: ‘We are not the United States’ https://www. th
Australian officials are pushing back against growing local opposition to datacentres, arguing the backlash is a borrowed American talking point rather than a genuinely Australian concern, saying 'We are not the United States'. The comments come as communities and councils across Australia debate proposals for new datacentres tied to the expansion of artificial intelligence, with disputes over energy use, water consumption and planning approvals fueling protests.