News - subcat

Big Tech hiding AI debt
Published in News
Wednesday, 24 December 2025 09:37

Big Tech hiding AI debt


A few trillion here, a few trillion there, and suddenly you are talking about real money

Big Tech companies have moved more than $120 billion of data centre spending off their balance sheets using special purpose vehicles funded by the cocaine nose jobs of Wall Street, stirring fresh jitters about the financial risks of their huge bet on artificial intelligence.

EA close to $50bn buyout deal
Published in Gaming
Monday, 29 September 2025 09:25

EA close to $50bn buyout deal


Sharks circle the games giant

Electronic Arts could be yanked off the stock market in a $50 billion deal that would make it one of the largest leveraged buyouts in history.

JPMorgan Chase wants AI help
Published in AI
Friday, 26 May 2023 10:50

JPMorgan Chase wants AI help


The future of consulting

The company in the midst of lawsuits claiming that it benefited from participating in Epstein's sex-trafficking scheme, JPMorgan Chase has applied to trademark an AI product called IndexGPT.