Sebastian Rucci set out to build California's largest AI datacenter in Imperial, a hot, water-scarce desert area near the Mexican border, promising thousands of jobs and millions in tax revenue. The plan has met fierce local resistance.
A study by Brussels think tank ECIPE puts the central cost of the proposed Cloud and AI Development Act at €115bn over ten years. It was paid for by CCIA Europe, a lobby group whose members include Amazon, Google and Meta.
The Guardian offers tips for clearing out digital clutter such as photo streams, overflowing inboxes and unread subscriptions. It argues this can reduce the demand for ever-growing digital infrastructure and help protect personal data from AI.
Chinese memory maker CXMT expects net profit of 131 to 132.5 billion yuan for January to September, after a 5.3 billion yuan loss a year earlier, with revenue of 265 to 270 billion yuan. AI demand has caused memory shortages, and the chairman has proposed a buyback of up to 2 billion yuan.
Vinci4D sells simulation software for semiconductor designers that relies on pretrained physics models instead of conventional methods such as finite element analysis. The goal is to make simulations of how chips behave physically much faster.
Silicon.fr argues the AI ecosystem is entering a phase of financial strain. Pressure on model profitability and a recalibration of infrastructure needs are exposing weaknesses in its economics.