Data
AI’s peak value is in training with private data: Oracle’s Larry Ellison
Models can use such information while keeping it restricted, unlocking huge productivity gains[LAS VEGAS] For artificial intelligence (AI) to reach its peak value, models will need to be trained...
California cracks down on water theft but spares data centers from disclosing how much they use
Gov. Gavin Newsom has vetoed legislation that would have required data centers to report how much water they use.New data centers have been rapidly proliferating in California and other...
Australia central bank to be cautious, data dependent on future policy
[SYDNEY] Australia’s central bank saw no need for an immediate cut in interest rates at its September policy meeting, given some stickiness in services inflation and steady employment, while...
Australian airline Qantas says millions of customers’ data leaked online
Qantas confirmed in July that hackers had targeted one of its customer contact centres[SYDNEY] Australian airline Qantas said on Sunday (Oct 12) that data from 5.7 million customers stolen...
US: Wall Street opens slightly higher as traders buy the dip ahead of sentiment data
[NEW YORK] Wall Street’s main indexes opened slightly higher on Friday, as investors sought to buy the dip following a brief pullback, while awaiting the consumer sentiment data for...
Malaysia’s data centre boom looks poised to continue despite power, labour concerns
Spillover of demand from Singapore is turning Johor into South-east Asia’s fastest-growing data centre hub[SINGAPORE] Data centre operators in Malaysia are brushing aside concerns over power and labour constraints,...
Data centre boom brings risks of overbuilding, Ares’ says
Many have pitched their investments as a more reliable way to play the AI boom while avoiding the risks of a gold rush into AI stocks, because it is...
China trials ‘energy-saving’ underwater data centres
Undersea servers are kept at a low temperature by ocean currents, rather than the energy-intensive air cooling or water evaporation required by centres on land[NANTONG, China] Power-hungry data centres...
BlackRock’s GIP nears US$40 billion deal to buy Aligned Data Centers in bet on AI
Global Infrastructure Partners already owns Dallas-based data centre company CyrusOne with KKR[NEW YORK] BlackRock’s Global Infrastructure Partners (GIP) is in advanced talks to acquire Aligned Data Centers, targeting a...
US: Wall Street opens lower after weak private payrolls data, government shutdown
WALL Street’s main indexes opened lower on Wednesday (Oct 1) after much weaker-than-expected private payrolls data, while the federal government’s shutdown raised uncertainty around the central bank’s visibility into...