Milan-based holding company Bending Spoons, which went public on Nasdaq in July, disclosed a new $330 million investment from Berkshire Hathaway this week, bringing Berkshire's total stake to more than $900 million. Shares jumped 41% on the news before paring gains, leaving Bending Spoons with a market cap near $30 billion. The company also confirmed layoffs at recently acquired Airtable, following job cuts at other portfolio firms like Evernote, Vimeo and WeTransfer.
cnbc.com
· 2026-10-17
Policymakers and financial leaders gathered at the IMF's meeting in Bangkok this week focused much of their discussion on artificial intelligence's economic impact. Conversations ranged from AI's potential to boost productivity and growth to concerns about financial instability and market risks tied to the technology's rapid adoption.
wsj.com
· 2026-10-16
Corsair is now selling its 32GB (2x16GB) Vengeance RGB DDR5-5600 memory kit for $409, a $108 reduction, directly through its own store. The kit features CL40 latency, RGB lighting, and Intel XMP profiles, and has been confirmed as the cheapest currently available memory kit at this speed tier.
tomshardware.com
· 2026-10-16
ASML's Q3 2026 earnings showed net profit of €4.96 billion on €11.7 billion in sales, with CEO Christophe Fouquet saying customers are already booking advanced lithography machines for delivery in 2029 and 2030. The company will raise prices starting in 2027, fully reflected by 2028, even as it adds 30% capacity in both 2027 and 2028, and lifted its full-year sales guidance to €44-45 billion.
tomshardware.com
· 2026-10-15
An economic essay by writer Derek Thompson, citing Harvard economist Jason Furman's data, shows data center construction spending surged 64.5 percent over the past year while nearly every other construction category declined. New energy infrastructure grew 4.1 percent to support AI-driven electricity demand, while manufacturing construction fell nearly 24 percent, education fell 12.6 percent, and healthcare and retail construction each dropped about 10.1 percent.
futurism.com
· 2026-10-11
Competing tech companies are striking alliances to secure scarce AI computing resources, according to a report describing a scramble for chips and data-center capacity. The report states that executives have had to step in personally to negotiate access to computing power needed to support AI development.
wsj.com
· 2026-10-10
Australian cloud-computing company Firmus Grid, backed by Nvidia, withdrew plans for an initial public offering that had aimed for a $30 billion valuation. The company currently operates only two data centers.
wsj.com
· 2026-10-09
Public opposition to data center construction, initially concentrated in the US, is now affecting projects across Europe and parts of Asia. STL Partners research cited by CNBC estimates roughly $42 billion in European data center investment has already faced delays or cancellations, compared with about $77 billion in the US. The European Data Center Monitor counted more than 70 rejected or restricted projects between January and April 2025, exceeding all of 2024.
cnbc.com
· 2026-10-03
Film, television, publishing and other creative sectors are experiencing some of their steepest job declines in decades, according to reporting on the trend. The downturn coincides with the broader rollout of AI tools across media and entertainment companies.
gizmodo.com
· 2026-09-29
A new analysis argues that artificial intelligence is altering the traditional calculus multinational companies use to decide where to establish operations. Instead of relying solely on long-standing factors like tax rates, skilled labor, and infrastructure, firms are increasingly weighing AI-specific capabilities when choosing locations for investment and talent.
fastcompany.com
· 2026-09-29
At this year's New York Climate Week, much of the climate tech industry's attention centered on the AI data center boom, with founders and investors pivoting toward energy infrastructure to power AI. PitchBook data cited shows climate tech venture funding has risen for four straight quarters, topping $14 billion in Q1 2025, driven largely by grid infrastructure, built environment, and dispatchable energy deals tied to data center construction. Some founders at the event expressed concern that this focus is overshadowing other promising climate tech sectors.
techcrunch.com
· 2026-09-28
A commentary argues that the rapid expansion of AI computing infrastructure—chips, data centers, cloud systems and new power sources—needs applications that convert that capacity into real economic and human value. It points to medicine, particularly drug development, as a leading candidate for where that value could materialize.
fastcompany.com
· 2026-09-28
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