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Finance & Markets

Canada Developer Concord Buys Wind Farm, Plots New Data Centers

Concord Pacific Developments Inc. acquired a field of fifty wind turbines from Potentia Renewables Inc. for several hundred million Canadian dollars, deepening the Canadian developer’s long-term bet on renewables, its CEO said, adding that he’s working on a move into data centers too.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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JPMorgan ends lending to Situational Awareness following losses

JPMorgan Chase has ended its lending relationship with Situational Awareness, the AI-focused hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, following a sharp deterioration in…

  • JPMorgan terminates lending to Situational Awareness
  • Fund suffers losses in AI and semiconductor sectors
  • Situational Awareness liquidates public equity positions

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