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Nvidia announced $750bn of AI deals. Its own credit market flinched.

Nvidia is working on a fresh round of AI infrastructure deals potentially worth more than $750 billion, Bloomberg reported, accelerating a pattern of investment that critics say inflates demand and valuations across the sector. The response from the debt market was unusually direct. Nvidia’s five-year credit default swap spread surged to a record 82 basis […]

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UK MP asks High Court to force xAI to stop Grok making sexualised images of her

Jess Asato, the Labour MP for Lowestoft, has asked the High Court in London to force Elon Musk’s xAI to stop its Grok chatbot from generating sexualised images of her, sharpening a claim that her lawyers say could help settle how far an AI company answers for what its tools produce. Asato is seeking a […]

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Ofcom has never blocked an Openreach offer before. It just moved to block this one.

Ofcom proposed on Tuesday to block a discounted wholesale offer from Openreach, the first time the regulator has ever moved to stop a commercial deal from BT’s network arm. The offer would have given internet providers up to £9.50 off per customer per month, for as long as 30 months, when they connected more new […]

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

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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