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18.04.26 - 16:18
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Nuclear′s AI Moment Is Here — There Is Only 1 Play for the 4X Data Center Demand Explosion (24/7 Wall St.)
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BloombergNEF's latest forecast paints a clear picture of AI's inexorable force: global data center power demand will quadruple over the next decade, driven by AI data center training and inference that run nonstop. Energy needs will climb from roughly 400 terawatt-hours in 2024 to more than 1,600 terawatt-hours by 2034, with the U.S. consuming the ... Nuclear's AI Moment Is Here — There Is Only 1 Play for the 4X Data Center Demand Explosion...
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18.04.26 - 16:18
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A 64-Year-Old’s Impossible Choice: Dave Ramsey Reveals Why $27,000 Annual Income Cannot Cover New England Rent (24/7 Wall St.)
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“$2,300 minus $1,700 equals Sally doesn't have food.” Dave Ramsey said this on The Ramsey Show on April 7, and the arithmetic is brutal in its simplicity. A 64-year-old woman on Social Security disability, earning $27,000 annually including a small pension, paying $1,700 a month in rent in New England, has roughly $600 left each ... A 64-Year-Old's Impossible Choice: Dave Ramsey Reveals Why $27,000 Annual Income Cannot Cover New England Rent...
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18.04.26 - 16:12
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Major Banks Shake Off Private Credit Fears (Bloomberg)
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SaaSpocalypse. Credit defaults. The war in Iran. A lot of worries are hitting the $1.8 trillion private credit market at the same time, setting off a scramble by some investors to withdraw money from the industry's giants. Bloomberg TV Anchor Dani Burger and Puck Founding Partner William D. Cohan join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss. (Source: Bloomberg)...
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18.04.26 - 16:12
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Why Oil Markets Won′t Recover Quickly From the Iran War (Bloomberg)
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The war in Iran has sent shockwaves through global energy markets, pushing oil and gas prices higher and raising concerns about long-term supply disruptions. IEA Executive Director Fatih Birol tells Chrystia Freeland that even if the Strait of Hormuz reopens soon, damage to more than 80 energy facilities could take years to repair, keeping markets volatile. IMF Managing Director Kristalina Georgieva has warned that the imbalance between supply and demand, combined with infrastructure damage, could have lasting economic consequences. The result is a growing risk not just for energy prices, but for inflation, food costs, and economic stability worldwide. (Source: Bloomberg)...
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18.04.26 - 16:12
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How a fiery attack on Sam Altman′s home unfolded (The Guardian)
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Molotov cocktail attack on OpenAI CEO's home comes amid growing discontent against artificial intelligenceIn the early hours of 10 April, a man approached the gate of OpenAI CEO Sam Altman's house in San Francisco and hurled a molotov cocktail at the building before fleeing. The suspect, 20-year-old Daniel Moreno-Gama, was arrested less than two hours later while allegedly attempting to break into the headquarters of OpenAI with a jug of kerosene, a lighter and an anti-AI manifesto.Federal and California state authorities have charged Moreno-Gama with a range of crimes including attempted arson and attempted murder. His parents issued a statement this week saying that their son had recently suffered a mental health crisis. Moreno-Gama, who has not yet entered a plea, faces up to life in prison if convicted. Continue reading......
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