IBM CEO Arvind Krishna did some napkin math on the AI data center boom and concluded there’s “no way” companies get a return. He estimates global commitments for chasing AGI total about 100 gigawatts of capacity, which at today’s costs is roughly $8 trillion in capital expenditure. To pay just the i
First Digital, the Hong Kong firm behind the FDUSD stablecoin, is reportedly planning to go public via a SPAC merger. This comes as its token’s circulation has crashed from a $4.4 billion peak last April to about $920 million today.
The UK’s Renewable Energy Association has launched a Data Center Coalition to tackle the massive energy demands of the AI and computing boom. Founding members include Enfinium and Clarke Energy, aiming to shape policy for clean, scalable power. The move comes as data centers could consume 9% of UK e
Anthropic analyzed 100,000 user chats with Claude to estimate AI’s productivity boost. They project it could double the US economic growth rate, but the study has significant limitations. The real impact depends on how fast the tech evolves and how we use it.
Elon Musk is making a bold economic prediction. He argues that only a massive surge in productivity from AI and robotics can solve America’s “insanely high” $38 trillion national debt, but it will come with a major side effect: deflation.
Two major players in underwater tech are joining forces. Kongsberg Discovery’s sensing systems are being integrated into MacArtney’s towed vehicle platforms, creating new turnkey solutions for deep-sea work.
A recent McKinsey report found AI could technically perform 57% of US work hours. Workers are secretly using tools to cut their workload in half, but this period of hidden productivity is likely fleeting as companies catch up.
A new study examines whether today’s AI-driven job disruption mirrors the 1970s-1980s automation wave that transformed manufacturing. Researchers found key differences that make the current situation more challenging for workers. The comparison offers lessons for navigating AI’s economic impact.
Laid-off employees are increasingly returning to their former companies, with rehire rates hitting 5.3% globally. Managers and finance workers lead the trend as companies seek familiar talent during uncertain times.
Palantir CEO Alex Karp credits the Five Whys methodology, developed by Toyota executive Taiichi Ohno in the 1970s, for much of the company’s success. The approach involves repeatedly asking “why” to uncover root causes of problems. Shares of Palantir have surged over 100% year-to-date as this discip
