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Data centre boom reveals AI hype’s physical limits

RPT-BREAKINGVIEWS-Data centre boom reveals AI hype’s physical limits The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Yawen Chen LONDON, July 4 (Reuters Breakingviews) - The craze in artificial intelligence has so far focused on chips made by Nvidia NVDA.O and apps like OpenAI’s ChatGPT. Underpinning this frenzy is a rush to build the infrastructure needed to train and run generative AI (GenAI) models.
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Data centre boom reveals AI hype’s physical limits

BREAKINGVIEWS-Data centre boom reveals AI hype’s physical limits The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Yawen Chen LONDON, July 4 (Reuters Breakingviews) - The craze in artificial intelligence has so far focused on chips made by Nvidia NVDA.O and apps like OpenAI’s ChatGPT. Underpinning this frenzy is a rush to build the infrastructure needed to train and run generative AI (GenAI) models.
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Castlelake to buy up to $1.2 bln in consumer loans from Upstart

UPDATE 2-Castlelake to buy up to $1.2 bln in consumer loans from Upstart Adds detail on Castlelake's business in paragraphs 4-5 June 20 (Reuters) - Private credit lender Castlelake will buy up to $1.2 billion in consumer installment loans from fintech firm Upstart UPST.O to expand its foothold in the retail lending space, it said on Thursday. The deal underscores how investment firms are increasingly pushing into businesses that have traditionally been dominated by banks as high interest rates a
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Most Gulf shares end higher; Saudi hits 6-month low

MIDEAST STOCKS-Most Gulf shares end higher; Saudi hits 6-month low By Md Manzer Hussain June 13 (Reuters) - Most stock markets in the Gulf gained on Thursday, as investors continued cheering a soft U.S. inflation report despite the Federal Reserve slashing its forecast to only one rate cut worth 25 basis points later this year. Most Gulf currencies are pegged to the dollar and any U.S.
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AI will power up buyout barons’ green-energy spree

BREAKINGVIEWS-AI will power up buyout barons’ green-energy spree The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Updates to add graphic. By Yawen Chen LONDON, May 30 (Reuters Breakingviews) - Artificial intelligence is reviving the moribund renewable-energy market. Following recent green-power take-privates by KKR KKR.N and EQT EQTAB.ST , Canadian investor Brookfield Asset Management on Thursday said it was in exclusive talks to buy French solar and wind sp
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