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Tech companies, including Meta and xAI, are using SPVs to raise tens of billions for AI data centers, letting them keep the debt off their balance sheets (Carmen Arroyo/Bloomberg)

Carmen Arroyo / Bloomberg : Tech companies, including Meta and xAI, are using SPVs to raise tens of billions for AI data centers, letting...

31 March 2024

Demis Hassabis says the AI hype caused by a surge of money is clouding research; CB Insights: VCs invested $42.5B in 2,500 AI startup equity rounds in 2023 (John Thornhill/Financial Times)

John Thornhill / Financial Times:
Demis Hassabis says the AI hype caused by a surge of money is clouding research; CB Insights: VCs invested $42.5B in 2,500 AI startup equity rounds in 2023  —  British AI pioneer says the billions of dollars being poured into start-ups is obscuring scientific progress in the field

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