Electricity demand from AI companies to push power demand up by 38% on US power grids
The surge in demand is largely driven by the increasing number and size of data centres powering AI technologies. These ...
Bitcoin Slips Below $100,000 as Chinese AI Model Rattles Markets
Bitcoin and other cryptocurrencies tumbled as the emergence of a new Chinese artificial intelligence model triggered a global ...
FTSE 100 LIVE: Stocks lower as DeepSeek's new model roils tech
Stocks across Asia lost ground on Monday as worries about Chinese AI company DeepSeek reverberated. The company's discounted R1 model knocked tech stocks, sending the Nikkei ( ^N225) in Japan 0.9% ...
Bitcoin falls below $100K for the first time under Trump presidency
Bitcoin fell below $100,000 for the first time since US President Donald Trump took office on Jan. 20, as global markets ...
Tech drags global shares lower on China's AI push; dollar dips
Europe's technology sector led the pan-European STOXX 600 index lower, down 0.7%, while the blue-chip Euro STOXX 50 dropped 1.4% in early European trading ...