Skip to main content

AustraliaBreaking News

Bloomberg

Virginia Rep. Calls for Spreading AI Build-Out Across the Country

Senator Bernie Sanders and Congresswoman Alexandria Ocasio-Cortez plan to introduce legislation that would impose a moratorium on new AI data centers, following growing pushback on their impact on energy prices. Representative Suhas Subramanyam, a Democrat from Virginia, home to one of the largest concentrations of data centers in the country, discusses what approach he thinks the country should take to the AI build-out. He speaks with Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

Read more
Bloomberg

Lagarde Says ECB Won't Be 'Paralyzed by Hesitation' on Iran

European Central Bank President Christine Lagarde said the ECB will act decisively and swiftly if the current surge in energy costs risks a broader bout of inflation. "We will not be paralyzed by hesitation," Lagarde said at The ECB and Its Watchers conference in Frankfurt. "Our commitment to delivering 2% inflation over the medium term is unconditional."

Read more