Actualités
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Share link:In this post: Banks led by JPMorgan and MUFG are preparing a $38 billion debt deal to fund Oracle-linked data centers in Texas and Wisconsin. The projects are part of Oracle’s $500 billion “Stargate” plan with OpenAI to expand AI infrastructure. Investor demand for AI-related debt is growing rapidly, following Meta’s recent $29 billion data center financing.
Share link:In this post: Two US federal judges admitted their staff used AI tools like ChatGPT and Perplexity to draft rulings that were later retracted for factual and legal errors. Both judges have since implemented stricter review procedures and written AI-use policies within their chambers. Senator Grassley urged the judiciary to establish stronger AI guidelines as courts and legal scholars debate rules for transparency in AI-assisted rulings.
Share link:In this post: US bank reserves decreased for the second week, falling below $3 trillion. This happens as the Treasury borrowed more funds to restore its cash balance after raising the debt limit in July. Analysts express worries about the consistently high rates on repos and the changes happening.
