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An AI correction is now a top global credit risk, Fitch says

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Fitch Ratings has gathered a number of the market’s quieter anxieties into a single sentence, warning that a possible AI market correction is now emerging as one of the biggest credit risks facing the global economy. The judgement comes in the agency’s third-quarter Global Risk Outlook, published this week, and it lands at a moment […]

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Core Scientific pivots to AMD with 2.5GW AI data-centre pact months after CoreWeave deal collapsed

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Nine months after its own shareholders torpedoed a roughly $9bn takeover by CoreWeave, Core Scientific has found a far larger partner in the chipmaker trying to loosen Nvidia’s grip on artificial intelligence. On Tuesday the former bitcoin miner said it had signed a data-centre agreement with AMD that could eventually reach 2.5 gigawatts of capacity across the American […]

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Meta and BlackRock form a $14bn venture to build an El Paso AI data centre

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Meta has folded its half-built El Paso data centre into a joint venture with BlackRock, formalising a structure that keeps most of a $14bn project off its own books. Under the agreement, funds managed by BlackRock will own 80% of the Texas campus and Meta the remaining 20%, though Meta stays on as the site’s […]

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Most enterprise AI spend still hasn’t left the lab

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New research puts a hard number on something a lot of IT leaders already suspected. Most AI pilots never make it into production, and the spend behind them isn’t disappearing, it’s just sitting in limbo. Jon Bitz, chief relationship officer and co-founder at KloudStax, says that limbo isn’t the failure it looks like from the outside. The […]

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Orange raises full-year targets on Spain deal and Africa growth

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Orange raised its full-year financial targets on Tuesday, after posting record first-half growth and, for the first time, consolidating its Spanish business in full. The French group now expects EBITDAaL, the after-leases profit measure that the industry watches most closely, to grow by more than 4% across 2026, up from earlier guidance of above 3%. It […]

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X Money is launching in the US starting today

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X Money, a core part of Elon Musk’s mission to turn X into an “everything app,” is rolling out starting today, 9to5Mac reports. The payment platform offers a digital wallet and peer-to-peer payments similar to Venmo, along with a metal Visa card users can emblazon with their X username. Other perks include Apple Wallet support […]

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YouTube Premium will include Peacock at no extra cost from early 2027. It is Peacock’s largest distribution deal.

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Peacock Premium will be included with YouTube Premium in the US at no extra cost starting in early 2027. The deal, announced on Sunday by NBCUniversal and YouTube, is Peacock’s largest wholesale distribution partnership to date and immediately expands its reach to millions of existing YouTube Premium subscribers. Peacock Premium currently costs $10.99 per month […]

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YouTube Premium will include Peacock at no extra cost from early 2027. It is Peacock’s largest distribution deal. Read More »

AI vendors are switching from subscriptions to consumption pricing. AI PCs are the hedge.

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The AI pricing model is shifting. Major software vendors are moving away from per-seat subscriptions toward token consumption or outcome-based pricing for AI features. The flat-rate subscriptions that attracted early adopters were loss leaders. Now that enterprises are dependent on the tools, vendors need them to generate revenue. “We believe software value should align directly […]

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AI vendors are switching from subscriptions to consumption pricing. AI PCs are the hedge. Read More »

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