The Wage Scar of AI
A Guardian investigation and a Goldman Sachs research note highlight the phenomenon of 'scarring' for workers displaced by AI, such as emergency medicine physician Rebecca Kimble, who now works as an …
A Guardian investigation and a Goldman Sachs research note highlight the phenomenon of 'scarring' for workers displaced by AI, such as emergency medicine physician Rebecca Kimble, who now works as an …
US data-center construction spending hit $45.1 billion per month by December 2025, an 85% jump from two years prior, driven by AI compute demand. Amazon Web Services, Microsoft, Google, Meta, and Orac…
Public opposition to U.S. data centers has become the most immediate threat to the AI boom, according to Republican officials and AI CEOs who privately admit they lack a compelling message to counter …
Leopold Aschenbrenner lost $30 billion by betting too heavily on AI infrastructure stocks, according to a report. His fund, Situational Awareness, borrowed $3 for every $1 of capital and was forced to…
Anthropic, the AI company behind Claude, is creating a new class of super-voting shares for CEO Dario Amodei and its co-founders ahead of a potential IPO in September or October 2026, with Goldman Sac…
Crusoe, a privately held AI data center developer and power provider with contracts from OpenAI, Oracle, Microsoft, and GE Vernova, is in IPO talks with Bank of America, Goldman Sachs, Morgan Stanley,…
ByteDance, the parent company of TikTok, attracted over $30 billion in orders for a $20 billion syndicated loan, its largest-ever offshore facility, with a three-year tenor extendable to five years. T…
Nvidia has partnered with Apollo, BlackRock, and Goldman Sachs to mobilize over $500 billion for AI infrastructure projects, marking a shift from hardware-centric advantages to financial leverage. The…
Wall Street's record-breaking earnings season, with U.S. annual profit growth hitting 50% at midyear and capital expenditure heading north of $1 trillion, masks persistent investor anxiety over the AI…
The Astana International Financial Centre (AIFC) will host the 9th Astana Finance Days 2026 on 9–10 September 2026 in Kazakhstan's capital, expecting more than 5,500 participants from over 80 countrie…
Anthropic's annualized revenue run rate hit $65 billion at the end of July, a sevenfold surge from $9 billion at the end of 2025, setting the stage for an IPO expected as soon as September or October.…
A former Goldman Sachs analyst, Darren Shida Zhou, 25, was sentenced to eight years of probation after pleading guilty to stalking and threatening his ex-girlfriend, with OpenAI reporting his ChatGPT …
The US Commodity Futures Trading Commission (CFTC) is preparing to solicit public comment on futures contracts tied to computing capacity, a move that could complicate the timeline for planned compute…
Leopold Aschenbrenner's Situational Awareness AI hedge fund lost approximately 67% of its value in July 2026 after margin calls forced it to sell its public portfolio, despite having returned 439% in …
Goldman Sachs chief credit strategist Amanda Lynam said in a note titled "Redefining Quality in Credit" that credit ratings are an "imperfect proxy" for investor positioning, as higher-rated corporate…
Billionaire investor Jeff Gundlach, CEO of DoubleLine Capital, warned that Wall Street's push to turn AI chips into an investable asset class could signal a market top, citing the mismatch between fas…
Amazon, Alphabet, Meta, Microsoft, and Oracle have issued roughly $194 billion in bonds by early July 2026, surpassing their $108 billion total for all of 2025, squeezing the same capital pool that fu…
AI-related debt sales have reached nearly $1.5 trillion this year, driving US Treasury yields higher and pressuring gold prices, according to a Bloomberg Markets report. As of mid-August 2026, 10-year…
Goldman Sachs and Intel have backed AI video maker Higgsfield in a $400m funding round that values the two-year-old company at $5.4bn, up from $1.3bn in January. The round, which also included DST Glo…
AI-focused hyperscalers have issued between $159 billion and $220 billion in bonds so far in 2026, surpassing the entire 2025 total of roughly $108 billion to $120 billion, according to Goldman Sachs,…