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Kevin O’Leary and Tucker Carlson clashed over AI, taxpayer subsidies for O’Leary’s planned Utah data center project, and China, during a wide-ranging interview published Wednesday. Loading audio narration… The “Shark Tank” investor defended the Utah development as a necessary investment in America’s AI future, as Carlson questioned why taxpayers should…
Many Americans don’t like the AI data centers popping up in their communities, though Kevin O’Leary thinks that’s because they don’t fully understand them. Loading audio narration… O’Leary, the venture capitalist and “Shark Tank” investor who recently starred as a villainous businessman in “Marty Supreme,” said Americans have misconceptions about…
“Shark Tank” investor Kevin O’Leary is defending his plans for a Utah data center that was just approved by state officials despite community backlash. Loading audio narration… O’Leary is dismissing critics of the multibillion-dollar project as “professional protesters” and suggesting some of the opposition is being amplified by artificial intelligence.In…
This is an as-told-to essay based on a conversation with Jesse Brooks, a 35-year-old videographer who lives in Fayetteville, Georgia, an Atlanta suburb. It has been edited for length and clarity. Loading audio narration… The Atlanta area is one of several hot spots for data center development, and the town…
Your cheap fare to Florida could soon be a lot more expensive. Loading audio narration… After a failed merger with JetBlue Airways and two bankruptcies in under a year, the once ultra-low-cost giant Spirit Airlines is on the brink of collapse and asking for a government bailout.It hasn’t turned a…
Disney is shuffling its streaming commerce and data teams as a top executive exits. Loading audio narration… Ajay Arora, Disney’s SVP of product management and engineering, is leaving the company on April 30, product and tech chief Adam Smith told employees late last week in a memo obtained by Business…
As far as data centers go, it’s a big one. Loading audio narration… The Saline Township campus in Michigan, about 50 miles outside of Detroit, will have a capacity of more than 1 gigawatt. That’s huge. Most data centers have capacities between 100 and 300 megawatts.And now the developer behind…
A talent CEO says all the recently laid-off tech workers wading through corporate America’s sluggish job market should look to one growing area: data centers. Loading audio narration… Carrie Charles is the CEO and cofounder of Broadstaff, a staffing and recruiting firm that works with companies like Oracle and Verizon.…
An executive order that’s “in progress” could cost banks billions of dollars — and millions of hours. Loading audio narration… This week, Treasury Secretary Scott Bessent teased a coming executive order requiring banks to obtain citizenship data for new and existing account holders. When asked about potential pushback, he said…
Citi is eyeing the AI dealmaking frenzy as its moment to close the gap with Wall Street rivals. Loading audio narration… In late February, the bank established an AI Infrastructure group, noting in an internal memo that the build-out could require an estimated $3 trillion in capital by 2030 —…
