European AI boom triggers selloffs

European tech and media companies increased spending on AI and data centers, prompting concerns about energy use, chip shortages, investor sell‑offs and corporate cost‑cutting.

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The Irish Times

Inside the Dublin data centres consuming an unknown amount of energy

Software giant Microsoft’s electricity demands remain a source of contention, in particular when it comes to powering AI

Reposts 2 7h

Le Monde

M6 launches an €80 million cost-cutting plan through 2030 and bets on AI to tackle the advertising crisis

The group has invested €13.7 million in additional operating costs in streaming and confirms its goal of more than €200 million in revenue from this activity by 2028.

Reposts 4 13h

Financial Times

Sequoia leads $1bn seed round for ex-Google scientist’s new AI lab

Funding deal would value David Silver’s start-up Ineffable Intelligence at $4bn

Reposts 2 18h

Kathimerini

The €6.8 billion regulation, risk analysis, a €208 million bet, and how much the stars cost

Good morning. The AI revolution has a price, and that is starting to appear on store shelves. As tech giants invest billions in data centers and supercomputers, memories and chips are becoming scarce and expensive, triggering cascading price increases in phones, computers, and consoles. Companies face a dilemma: more expensive devices, and what that means for consumers.

Reposts 1 17h

Dagens Næringsliv

The AI bubble hasn't burst, but the air is leaking out

Investors are unsure which companies will profit from and which will lose from the AI revolution, so they are selling everything.

Reposts 0 10h

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European AI boom triggers selloffs

Inside the Dublin data centres consuming an unknown amount of energy

M6 launches an €80 million cost-cutting plan through 2030 and bets on AI to tackle the advertising crisis

Sequoia leads $1bn seed round for ex-Google scientist’s new AI lab

The €6.8 billion regulation, risk analysis, a €208 million bet, and how much the stars cost

The AI bubble hasn't burst, but the air is leaking out

Add to Home Screen

Light upyour news

European AI boom triggers selloffs

Inside the Dublin data centres consuming an unknown amount of energy

M6 launches an €80 million cost-cutting plan through 2030 and bets on AI to tackle the advertising crisis

Sequoia leads $1bn seed round for ex-Google scientist’s new AI lab

The €6.8 billion regulation, risk analysis, a €208 million bet, and how much the stars cost

The AI bubble hasn't burst, but the air is leaking out

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