AI data center boom sparks fears of glut amid lending frenzy
The broader AI universe has also been caught up in the worries, with circular deals and soaring valuations taking a toll on the bullish sentiment that once dominated.
Technology
-
IBJ Podcast: You’re a skeptical, penny-pinching CEO. What are your first steps for adopting AI?
Company executives might believe they face high barriers—including cost, employee resistance and lack of technical expertise. But an expert on executive education says solutions are within almost anyone’s grasp.
Read More -
Q&A: Cybersecurity expert takes a low-tech approach to helping people, businesses protect themselves
Chetrice Romero is Ice Miller LLP’s senior cybersecurity adviser, a newly created role in which she works with the firm’s clients to help them with cybersecurity concerns that fall outside an attorney’s area of expertise.
Read More -
Regional Opportunity Initiatives Inc. debuts microelectronics program for high schools in new training hub
The fledgling program is starting with 12 students, but Regional Opportunities Initiatives Inc. CEO Tina Peterson predicted that the training hub will become a crucial part of southern Indiana’s microelectronics and defense ecosystem.
Read More -
Lilly, Nvidia team up to build pharma’s ‘most powerful’ supercomputer
The Indianapolis-based drugmaker said the supercomputer will power an “AI factory” designed to accelerate drug discovery and development.
Read More
Articles
Entrepreneur Randy Stocklin joins Pragmatico as co-CEO, co-founder
Stocklin joins as Pragmatico, launched last year by serial entrepreneur Santiago Jaramillo, is shifting its focus from workshops to consulting.
Appeals court backs contempt finding against Apple, but reopens door for iPhone app fees
The unanimous decision by a three-judge panel mostly validated a scalding contempt order issued in April in a legal battle instigated by video game maker Epic Games.
Claire Fiddian-Green: Navigating AI’s impact, personally and professionally
The good news is that Indiana is an early adopter of AI tools in K-12 education.
Michael-Paul Hart: State should set clear guardrails for developments
We need higher standards, better coordination and deals that work for residents.
Rep. Todd Huston: Data centers are powering today’s modern economy
We’re competing for these projects not just with other cities and states but with countries across the globe.
Disney invests $1 billion in OpenAI, strikes licensing deal
Sora will be able to generate short, user-prompted social videos, drawing from a library of more than 200 animated and creature characters from Disney, Marvel, Pixar and Star Wars, according to Disney.
IBM buys data streaming platform Confluent in $11B deal
The deal is expected to help bolster the technology company’s artificial intelligence strategy.
NextEra raises bet on AI with Google, Meta and gas deals
The flurry of announcements underscores the energy industry’s intensifying focus on technology companies’ data centers.
Cloudflare says service restored after outage that brought down sites including Zoom, LinkedIn
A change to how its firewall handles requests “caused Cloudflare’s network to be unavailable for several minutes this morning,” the company said.
Economic, tech experts talk AI at Elevate Ventures event
Artificial intelligence is spurring big investments, big opportunities and big disruptions, speakers said at an Elevate Ventures event Thursday afternoon in downtown Indianapolis.
US health department unveils strategy to expand its adoption of AI technology
Experts said the administration’s willingness to modernize government operations presents both opportunities and risks.
Indiana said no to phones in class 2 years ago. Now, the law might get stricter.
GOP lawmakers have introduced bills that would mandate that phones be securely stored at school or left at home during the whole school day.
Salesforce CEO vies to overcome investors’ AI skepticism while touting company’s quarterly numbers
Salesforce is projecting $60 billion in revenue for its fiscal year ending in January 2030–a target that would require average annual increases of 10% from its forecasted sales of $41.5 billion for its current fiscal year.
Purdue professor spearheads study of AI chatbot impact on well-being
The study’s goal is to also explore how these tools can be re-envisioned to promote long-term well-being and character virtues.
Indianapolis-based Sharpen Technologies acquires California company
Sharpen Technologies has completed a deal for fellow call-center software provider Ytel Inc., it announced Tuesday, marking its third acquisition in three years.
Indiana’s congressional delegation unites behind FAA drone test site bid
A letter to the Federal Aviation Administration highlights Indiana’s manufacturing, research and military assets as strengths in the national competition.
Cyber Monday could break spending records despite economic uncertainty
Across the holiday season, “hot sellers” will include gaming consoles such as the Nintendo Switch 2 and toys-turned-fashion statements like Labubu Dolls.
Companies push AI-assisted shopping tools for holiday season
Although AI-powered purchases are in early stages, techshopping assistants and agents rolled out by the likes of Walmart, Amazon and Google can do more than the chatbots of holidays past.
ReElement Technologies aims to close mineral recycling gap
The company uses technology developed and patented by Purdue University to refine and purify rare earth metals and permanent magnets