US Treasury Secretary Scott Bessent Blasts Hyperscalers Over AI
· Technology · Bloomberg, LiveMint
US Treasury Secretary Scott Bessent has criticised major US technology companies ramping up investments in artificial intelligence. He faulted the firms for failing to establish meaningful ties with local communities amid growing public concern over the expansion of AI infrastructure. The remarks come as hyperscalers pour billions of dollars into data centres and computing power across the country.
Why it matters
The criticism from a senior US economic official signals potential regulatory or community relations headwinds for major technology companies expanding their AI infrastructure.
Read the original report — Bloomberg
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