Private capital ❤️ 'permanent capital': UK edition

World’s largest listed company looks for new ways to draw Wall Street deeper into the financing of the AI boom

Push for diversification as concerns mount over ‘stretched’ valuations

Fund managers see hedge funds and emerging markets assets as bulwarks against sudden shift in sentiment on artificial intelligence

insurance, private credit and the hyperscaling of risk

Private capital firms are wagering that the crucial hardware will hold its value for years to come

Data center securitizations, Truth Social API lawsuit, event contract jurisdiction and musical earnings calls.

insurance, private credit and the hyperscaling of risk

Plus: "Vertical drinking" politics • Robocop comes to Greggs • Robotaxis controlled by humans • London's festivals-in-parks mess

What the Unabomber, Steve Bannon’s tech guy, and Bernie Sanders taught me about the great data center backlash of 2026.

Private credit, chip leases and data centre guarantees underpin a vast new model for AI spending

TL;DR: Big tech is only recouping 10% of its data center expenses from AI, lending credence to the suspicion that AI is not the only reason—perhaps not even the main reason—it is building them.

Delivery rider, Muhammad, was working in the Tradeston area on Saturday 25th July when a group from the anti-immigration Unite the Clans rally at Glasgow Green started shouting racist abuse at him.

Communities fear they will squeeze access to electricity and water, spoil rural areas and boost tech giant profits with limited local job creation

TL;DR: Big tech is only recouping 10% of its data center expenses from AI, lending credence to the suspicion that AI is not the only reason—perhaps not even the main reason—it is building them.

AI accounts for less than half of the load on data centers built since ChatGPT. Why isn't anyone talking about what the rest is used for?