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AI & Enterprise

Is neocloud the next WeWork? What is behind the \'AI bubble\' claim

Neocloud firms that grew rapidly in the AI boom are facing questions about sustainability and are being cited as a possible source of an AI bubble. Firmus pulled its planned IPO, while UK-based Nscale’s U.S. listing became uncertain after Microsoft withdrew a data centre lease. Already-listed CoreWeave has been hit by a share slump and investor concerns about debt, with anxiety spreading to larger players such as Oracle and SoftBank.

AI & Enterprise

Contradictions seen in AI opposition as users reject data centres but keep using services

Criticism has emerged that people opposing construction of AI data centres still actively use AI services. Cyrus Beschloss, CEO of AI data marketplace Verb, said even those who claim to oppose data centres and AI use AI in practice. He said choosing between halting data centre construction and giving up ChatGPT would not be easy. Growing dependence on AI could deepen social conflict over expanding data centres, critics say.

AI & Enterprise

SoftBank unveils free Japan-focused generative AI Sarashina service

SoftBank has opened public access to its in-house generative AI, allowing anyone to try it for free. Users can log in with a Google account and use the service without prior registration, including chat, document drafting, web search and Japanese-English translation. Its subsidiary SB Intuitions released a free beta of the Sarashina service, based on a Japanese-language model. Developers can also access APIs to test six AI models in their own systems.