SHELBYVILLE MAYOR'S DATA CENTER COMMENTS SPARK BACKLASH
■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
Shelbyville, Indiana's mayor Scott Furgeson faced criticism after being caught on camera dismissing opposition to a proposed $2 billion data center by disparaging residents' homes.
■ MORE FROM THE BIG TECH DESK
China hosted its World AI Conference while TSMC announced additional investment in Arizona, marking strategic moves by both regional leaders in semiconductor and artificial intelligence development.
US states are reportedly preparing lawsuits to block Paramount's $110 billion acquisition of Warner Bros. Discovery, escalating regulatory scrutiny despite Justice Department approval. California's attorney general has already launched a probe into the merger.
ASML's CEO Christophe Fouquet expressed support for the EU's technology sovereignty initiatives while flagging concerns about excessive government involvement in steering strategic projects.
Off-balance sheet debt at Alphabet, Microsoft, Amazon, Meta, and Oracle has surged roughly eightfold since 2022 to $1.65 trillion, now exceeding their reported balance sheet debt of $1.35 trillion, according to a new analysis.