TECH GIANTS BLOCK STRICTER DATA CENTER EMISSIONS RULES
■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
Major technology companies successfully lobbied to prevent stricter clean energy requirements for gas-powered data centers. A corporate climate watchdog dropped a proposed rule on clean energy certificates following industry pressure.
■ MORE FROM THE BIG TECH DESK
The European Union is considering sweeping restrictions on young people's social media access, including potential age limits and outright bans. European Commission President Ursula von der Leyen said new legislation could be proposed within months.
Meta is committing an additional $40 billion to its Louisiana data center campus, bringing total expected investment beyond $250 billion as the company expands its AI computing infrastructure.
Washington is considering restrictions to prevent Chinese companies from using American AI models to train their own systems, reviving longstanding debates over tech export controls and intellectual property.
MiniMax Group Inc.'s stock plummeted following JPMorgan Chase's second price target reduction in under a week. The downgrade cites value dilution concerns from the Chinese AI model maker's recent fundraising round.