TECH NEWS

Gartner Warns of $3.5 Trillion AI Infrastructure Write-Down Risk

More than $3.5 trillion of AI infrastructure spending could be exposed to impairment by the end of 2030, if AI providers continue their current pace of capital spending, according to Gartner, Inc., a business and technology insights company.

“In 2026, AI providers are expected to spend nearly $1 trillion on AI infrastructure, and are forecast to invest an additional $6 trillion between 2027 and 2030,” said Will Sommer, Sr Director Analyst at Gartner. “However, our research indicates that enterprise and consumer AI revenue will be insufficient to support profitable returns on all planned AI capital expenditures during this period.”

“Through 2030, AI data center owners would need to generate a cumulative $8.5 trillion in revenue to cover announced capital spending, financing costs, and a 12% return on invested capital (ROIC), which we assume to be the hurdle rate of investment capital,” said Sommer. “However, total enterprise...

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The factory that hears failure coming: How SKF is turning machine vibrations into a reliability business

A bearing costs a few hundred dollars. The line it sits inside can cost far more every minute it stops. That asymmetry is the quiet economics of modern manufacturing. For India’s manufacturers, the stakes are rising in step with ambition. Make in India and the production-linked incentive schemes are

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Anthropic’s international chief says open models carry more risk by definition

Anthropic’s head of international told Bloomberg TV in Dublin that open alternatives to its models carry more risk by definition. That is a broader claim than the one Dario Amodei set out in July, when he wrote that open-weight models without dangerous capabilities are a public good. Anthropic’s

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Bumble agrees to be bought by Ithaca Holdings for about $1.3bn

Bumble has agreed to be acquired by Ithaca Holdings in an all-cash deal valuing the dating app at about $1.3 billion, the companies said on Tuesday. Ithaca will pay $6.05 per Bumble Class A share, about 138% more than the stock’s closing price on October 9, before

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Anthropic opens a Singapore office and signs an AI safety MOU with the government

Anthropic has opened an office in Singapore, its fifth in Asia-Pacific, and signed a memorandum of understanding with the government. Neither comes with a figure or a headcount. The memorandum covers AI safety, security and model evaluation, research on adoption, and responsible adoption across the public and private sectors, the

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The factory that hears failure coming: How SKF is turning machine vibrations into a reliability business

Anthropic’s international chief says open models carry more risk by definition

Bumble agrees to be bought by Ithaca Holdings for about $1.3bn

Anthropic opens a Singapore office and signs an AI safety MOU with the government