The AI data centre boom built on a mountain of hidden debt — Big Tech is spending more than space-race levels on AI infrastructure, but hidden loans and commitments mask the true financial risks

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Robinhood launches credit card for AI agents with 3% cash back The AI fight brewing inside The New York Times | Unionized tech employees at the Times say the company is violating their contract by using AI tools to monitor employee performance New method turns ocean water into drinking water, without waste YouTube Will Start Automatically Tagging Videos That Make ‘Significant’ Use of AI, and It’s Making Labels for AI-Generated Content More Prominent Samsung chip workers vote to accept $340,000 average bonus, ending months-long strike threat — resentment over deal has slowed down Samsung foundry division Sen. Elizabeth Warren: Why We Need to Tax AI Britain's grid comes closest ever to running without fossil fuels as clean power surges The future of AI seems weirdly dependent on water Sichuan University team restores aged teeth by activating dental pulp stem cells Can Local Outrage Over Data Centers Tilt the Midterms? - “Amid so much partisan division, opposition to data centers seems to be the thing that unites Americans right now" Star Citizen releases $5000 ‘concept’ ship as game crosses $1 billion in funding This CEO announced huge job cuts because of AI. Threats to his family followed Parents of OpenAI whistleblower intensify dispute over suicide ruling: 'He would not harm himself' Protesters rally against planned AI data centres in Vancouver Samsung $400,000 worker bonuses near approval after clearing legal challenge — non-chip employees in line for just $4,000 launch last-minute bid to scupper deal with union | Non-chip employees tried to block the vote, but a South Korean court has dismissed the injunction. AI guardrails stripped from Meta and Google models in minutes, can provide responses on biological weapons and malware US Space Force Should Prepare to Put Active-Duty Troops on the Moon, Report Argues DuckDuckGo sees iPhone installs spike following AI-heavy Google I/O Majority of Americans Support Ban on Surveillance Pricing and Electronic Shelf Labels You’re about to feel the AI money squeeze | Ads, rate limits, feature restrictions, price hikes. The AI free ride is over Millions of AI agents imperiled by critical vulnerability in open source package Ferrari unveils its first electric car - and it comes with a $640,000 price tag Uber burned through its entire 2026 AI budget in four months. Now its COO is questioning whether it's worth it U.S. Seeks to Give Weapons-Grade Plutonium to Start-Ups for Fuel Nvidia is finally ditching its iconic Control Panel after 20 years — new driver updates only ship in the Nvidia App New magnesium alloy boosts solid-state battery life 400-fold Erin Brockovich launches map of over 4,200 data centres in the US, appeals for local communities to report environmental impact and other costs Random People Armed with AI and No Lawyer Are Reportedly Filling Judicial Dockets with Lawsuits Modern Blu-ray drives can now rip GameCube, Wii, and Xbox 360 games to PC — third-party OmniDrive firmware unlocks game rips from physical media on select players Is there a disconnect between what is being sold and what AI is actually capable of doing? Survey reveals that 99% of CEOs now expect AI-driven layoffs — companies are racing to replace junior workers with AI, even as many executives remain uncertain about the returns on AI investments Angry TSMC employees considering strikes, unionization over employee bonuses, report claims — company reportedly considering 15% payout cut to fund capex despite record revenues fuelled by AI surge EU may hit Google with record sized fine for antitrust violations Exclusive: Pentagon spars with SpaceX over Starlink price hike during Iran war | Reuters Anthropic Demolished Legacy SaaS Stocks. Now It's Coming for Palantir. Ferrari unveils Luce its first fully electric car California moves to exempt Linux from its upcoming age-verification law after backlash over forcing operating systems to collect users’ ages — amendment proposed by the same lawmaker who wrote the original law America’s schools face a backlash on digital devices as screens saturate classroom The terrifying rise of schoolboys making AI girlfriends — Boys as young as 12 are now in romantic ‘relationships’ with chatbots, and it’s affecting how they treat girls in the real world The People Do Not Yearn for Automation: "everyone in tech understands how much regular people dislike AI. What I think they’re missing is why" Lawyer for Guy Who Sued Women Who Called Him "Psycho" Caught Using AI | The attorney for Nikko D’Ambrosio, who tried and failed to sue women for posting about him in an “Are We Dating the Same Guy” Facebook group, has apparently been using AI to file non-existent citations, according to a judge. Tech billionaires used performance drugs in secret. Now they’re selling a revolution. Chatbots Struggle With News Accuracy and Sourcing Ahead of Midterms New Chinese surveillance leaves nowhere to hide Donald Trump is Building an “Amazon for Guns” and Donald Trump Jr. Stands to Benefit Palantir accuses London mayor of “putting politics above public safety”, after £50m contract with Met Police blocked for breach of procurement rules Microsoft reveals what happens to Windows 11 PCs if you ignore the Secure Boot deadline in June 2026 Microsoft said its AI made Google dance in 2023, three years later Gemini is beating Copilot Samsung reportedly developing 250TB to 1PB nearline SSDs, enough for up to 8,000 GTA V installs AI promised cost savings, but Microsoft and Uber say it’s costing more than human workers | Company Business News Self-Driving bus in Sweden crashes with tram on first day of passenger service Pope Leo presents 'Magnifica humanitas’ calling for disarmament of AI - Vatican News Pope Leo calls for AI to be ‘disarmed’ Meta and WhatsApp face trial in the U.S. over privacy breach Turning to chatbots when lonely may exacerbate feelings of loneliness, study finds Chinese scientists develop wearable robot to help children with severe muscular atrophy regain muscle growth Pope Leo warns of AI fueling warfare in first major theological document No captain, my captain: Navantia floats crewless warship -- Spanish shipbuilder's 75-meter drone vessel comes with sensors, modular payloads, and no room for sailors Not just Samsung: Workers at TSMC also questioning bonus system in wake of record profits Streamer Realtime Deepfakes Himself into Mr. Beast, Says He Loves "Touching Little Boys" | The software, called Delulu, is marketed specifically to streamers and lets them easily transform into other people Pope Leo Issues AI Encyclical Warning That ‘Opaque Algorithms’ Controlled by a ‘Few’ Companies Can Bring ‘New Forms of Dehumanisation’ Pressure from Silicon Valley helped block White House expected order on AI - Industry leaders warned in last-minute calls to the president that the proposed safety vetting system could inhibit development of the pivotal technology. Proton VPN vows to resist Canadian surveillance demands under Bill C-22 CBS Suspends Takedown Notices on Bootleg YouTube Uploads of Stephen Colbert’s ‘Only in Monroe’ Public Access Show After Outcry Chinese astronaut to spend a full year in orbit as Beijing ramps up Moon race Zuckerberg warns ‘success isn’t a given’ amid 10% layoffs at Meta Fashion designer Jeremy Scott gets a huge cheer after ripping up his AI-written commencement speech Researcher develops 'spray-on' stealth coating for drones — volcanic rock formulation claims to reduce radar return signals by up to 43dB, compared to 20 to 30dB for typical radar absorbent material As AI wipes out white-collar jobs, one Alabama high school and Toyota are training students for roles that pay $40 an hour and can't be automated The $58,000 TV bill: When DirecTV sued O.J. Simpson for piracy | In 2001, the FBI raided O.J.’s house and found smartcards, bootloaders. White House, Anthropic Near Deal For Spy Agencies to Use AI The Tech That Could Turn Plastic Waste Into a Trillion Dollar Opportunity Palantir Gets an Initial $3.9 Million to Spy on Federal Workers Meta layoffs: ‘I asked to be laid off’ during company-wide 8,000 job cuts, says ex-employee China sends astronaut on year-long space mission as it eyes 2030 moon landing 99% of CEOs Expect AI-Driven Layoffs in the Next Two Years Google CEO Sundar Pichai says booing graduates will shape AI's future — and live with its consequences Disney sued over new facial recognition technology at Disneyland entrances ‘Star Citizen’ Hits $1 Billion in Lifetime Funding Scientists Discover Low-Cost Route To Clean Hydrogen Production Ansel Adams' trust says AI-colorized version of his work was exhibited without permission | The AI-generated version of ‘Moonrise, Hernandez, New Mexico’ was on display at AIPAD’s The Photography show AI put “synthetic quotes” in his book. But this author wants to keep using it. Google Appeals 2024 Antitrust Ruling, Says Apple Chose Its Search Engine "Fair and Square" US President administration and Anthropic finalizing deal to let US spy agencies use its AI tools. Standard Chartered raises Taiwan 2026 GDP growth forecast to 9.5%, citing surging artificial intelligence (AI) demand driving exports, semiconductor production and investment Southern California chemical tank at risk of exploding as 40,000 residents are ordered to evacuate Why Is Fusion Energy Always ’10 Years Away’? Apple blocked over $11 billion in App Store fraud in 6 years Insider Says Ubisoft Is Testing Gen AI In Far Cry 7, And It "Looks Like S**t" U.S scrambles to stop Internet users re-creating dead pilots’ voices | Workaround flouts law that bans NTSB disclosures of cockpit audio recordings. Professor who helped write UC Berkeley's new AI policy says it's about preserving 'the value add of a lawyer' Chinese memory maker CXMT enters mainstream consumer memory with Corsair Vengeance DDR5 kit — Chinese-made DRAM emerges as an antidote for crushing shortages Stop trying to make Grok happen — Reuters report suggests government and enterprise customers don’t like xAI's chatbot. Does anybody? CEO Walks Back Comment About Replacing ‘Lower-Value Human Capital’ With AI - Standard Chartered chief Bill Winters used the phrase while outlining plans for thousands of job cuts MPs demand AI ‘kill switch’ to defend against ‘catastrophe’ - Politicians and campaigners call for power to turn off data centres as fears around artificial intelligence grow Palantir’s access to identifiable NHS England patient data is ‘dangerous’, MPs say | NHS Huawei develops 122TB SSD with new packaging tech to sidestep US sanctions on 3D NAND chips — Chinese firm develops proprietary tech to cram more NAND dies in a smaller footprint Starbucks Abandons Borked AI Inventory Tool That Couldn't Count: Report Americans’ AI hate wave might just be gathering steam: Data centers could hike power costs in some states over 50% by 2030 Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees

/u/marketren · 2026-06-20 · via /r/Technology

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