IBM’s CEO says trillions spent on AI data centers can’t pay off at today’s costs. The Bank of England warns AI is creating new financial risks in lending.

Arvind Krishna, CEO of IBM, has argued that the recent surge in spending by Big Tech on AI-data centers is economically unrealistic. On the “Decoder” podcast he estimated that building and fully outfitting a one-gigawatt AI data center costs about …

READ MORE

Bessent says Treasury Department is investigating the alleged transfer of Minnesota tax dollars to the terrorist organization Al-Shabaab

Treasury Secretary Scott Bessent says the Treasury Department is investigating the alleged transfer of Minnesota tax dollars to the terrorist organization Al-Shabaab. pic.twitter.com/FtonPwndmR — Faytuks Network (@FaytuksNetwork) December 1, 2025 The U.S. Treasury Secretary announced on Monday night that the …

READ MORE

Putin says he is ready to meet Trump in Hungary

Putin thanks Orban for offering Budapest as potential site for US-Russia summit 'Donald was the one who suggested this We were delighted to agree' https://t.co/HQeen1LiQI pic.twitter.com/BgKEIrKdIO — RT (@RT_com) November 28, 2025 Russia’s leader Vladimir Putin, during a meeting with …

READ MORE

DC shooter identified as Afghan national who arrived in August 2021. Unconfirmed photo of DC shooting suspect. President orders 500 more troops to DC. Trump says ‘animal will pay very steep price.’

The Afghan national accused of shooting two National Guardsmen in a possible terror attack near the White House Wednesday was living in the US illegally after overstaying his visa, sources told The Post. Rahmanullah Lakanwal, 29, arrived in the US …

READ MORE

Google’s boss warns that no company will be safe if the AI bubble bursts. Bank of America says AI-bubble fear is now the top market risk. The regional banking crisis is getting worse.

Every company would be affected if the AI bubble were to burst, the head of Google’s parent firm Alphabet has told the BBC. Speaking exclusively to BBC News, Sundar Pichai said while the growth of artificial intelligence (AI) investment had …

READ MORE

Anthropic CEO says AI could kill half of entry level jobs and push unemployment to 20 percent. Sam Altman funds the creation of genetically engineered children through AI and CRISPR

AI could wipe out half of all entry-level white-collar jobs and spike unemployment to 10% to 20% in the next one to five years, predicts Anthropic CEO Dario Amodei. https://t.co/K53oCApIeF pic.twitter.com/6BgAlQ30pM — 60 Minutes (@60Minutes) November 17, 2025 Anthropic CEO’s …

READ MORE