Trump summons tech giants to White House to pledge power payment commitments — ‘ratepayer protection plan’ will make data center operators negotiate discrete payment structure for electricity use

Some of the U.S.’s biggest AI tech companies are expected to go to the White House to sign the “ratepayer protection pledge” that promises they will pay for all of their electricity usage and not pass on the burden of incr…

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Trump orders Big Tech to generate its own power for AI data centers — reveals new ‘ratepayer protection pledge’ to curb rising electricity prices in the US

Building upon his Social Truth post from last month, President Trump has formally asked the big tech players to build their own power plants. Data centers have been eating at the national grid, causing electricity prices t…

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Anthropic’s new AI tool can write 67-year-old COBOL code, sending 115-year-old IBM’s stock tumbling by 13% — IBM stock has worst day in 26 years, down 25% MoM and counting

IBM stock takes a 13% whiplash after Anthropic announces COBOL AI tooling

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Data center developers building private natural gas ‘Shadow Grid’ power plants to sidestep strained grids — off-grid GW Ranch project in Texas will reportedly use as much power as Chicago

Data centers using natural gas plants to sidestep power grids at the cost of carbon emissions

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AMD’s AI chips to be used as debt collateral in $300 million loan, report says — Cloud startup to use chips in Ohio datacenter

AMD’s chips will be used as debt collateral in a $300 million loan to cloud startup Crusoe with financing from Goldman Sachs.
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White House mulling tariff exemptions for Big Tech — Amazon, Google, Microsoft, other AI hyperscalers to be spared worst of import duties with U.S.-Taiwan deal

The White House is considering a tariff carve-out for big AI tech companies, like Amazon, Google, and Microsoft, allowing them to purchase imported AI chips from TSMC without getting slapped with an import tax.
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Big Tech stocks take a $1 trillion tumble as projected AI spending continues to outweigh revenue — investors are antsy about long-term planning becoming never-ending spending

Big Tech stocks take a $1 trillion tumble as projected AI spending continues outweighing revenue

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Tim Berners-Lee, inventor of the World Wide Web, thinks it can still be saved — despite some parts being ‘optimized for nastiness’

Tim Berners-Lee, inventor of the World Wide Web, thinks it can still be saved

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Nvidia pumps another $2 billion into CoreWeave and announces standalone availability of Vera CPU — chipmaker increases stake in its customer to 9%

Nvidia is spending another $2 billion investing in CoreWeave, one of its AI customers, due to “confidence in their growth and confidence in CoreWeave’s management,” according to CEO Jensen Huang.
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OpenAI could reportedly run out of cash by mid-2027 — analyst paints grim picture after examining the company’s finances

OpenAI might be running out of cash as soon as mid-2027

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