Big Tech under pressure to act on data centres’ thirst for water

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Booming demand for artificial intelligence tools, accelerated by the uptake of generative AI, is putting an increasing strain on water supplies to cool the IT infra­structure underpinning the technology. Now, the companies operating … Read more

Nvidia joins the league of extraordinary spenders

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nvidia’s market capitalisation of roughly $3tn has occasionally made it the biggest company in the world. Founder Jensen Huang, a man rarely short of self-confidence, hinted this week at plans that could make it even … Read more

would you still buy a Tesla?

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. For Tesla, the pursuit of market dominance and shareholder value has, until recently, served the company well. The US company dominated the electric vehicle industry and has long been synonymous with innovation, propelled in part … Read more

Jeff Bezos makes peace with Maga

One thing to start: London’s Heathrow airport has been forced to close until midnight after a fire at a nearby electricity substation caused a “significant power outage”. And another thing: Alimentation Couche-Tard and Seven & i expect concrete negotiations with private equity firms to start within weeks on the carve-out of thousands of stores in … Read more

UK should not cave in to Donald Trump’s ‘bullying’ over tech tax, says Ed Davey

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer should not cave in to Donald Trump’s “bullying” by lowering the UK’s Digital Services Tax, the leader of the Liberal Democrats has warned, arguing the US president is “an unreliable ally”. Sir … Read more