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Adam Back
Trends
- 1Big Tech issues up to $300bn in guarantees backing AI debt●“ #BigTech companies are rapidly expanding their use of #guarantees to back debt for #AI #datacentres and #chips , issui
Major technology companies are rapidly expanding the use of guarantees to back debt financing for AI datacentres and chips, issuing up to $300 billion in commitments in less than a year, according to analysis shared by economist Adam Tooze. The commitments largely stay off the companies' balance sheets, raising questions about hidden leverage in the AI buildout and how much risk the industry is actually carrying.
- 2Adam Levinson Launches Comeback After SVB Collapse Shut His Fund●Adam Levinson Is Back After SVB's Collapse Forced His Hedge Fund to Close
Hedge fund manager Adam Levinson is returning to investing, two years after the collapse of Silicon Valley Bank forced his fund, Graticule Asset Management Asia, to shut down. The fund was hit when SVB's March 2023 failure triggered heavy losses across markets. His comeback is drawing attention as a sign that investors are moving on from the SVB fallout.
- 3Hadjar storms to podium in Baku on F1 return from injury●Adam Cooper (@adamcooperF1): '@Isack_Hadjar returned from injury to put in a storming drive to P3 in Baku - justifying t
Isack Hadjar came back from injury to finish third at the Azerbaijan Grand Prix in Baku, delivering a standout drive that vindicated Red Bull racing boss Laurent Mekies' decision to keep faith with the young Frenchman. Motorsport writers are framing the podium as proof Hadjar can handle one of Formula 1's most demanding seats.
- 4Adam Back's Crypto Empire Faces Hack and Lawsuits▼Bitcoin Pioneer Adam Back’s Empire Beset by Hack, Lawsuits
Adam Back, the cryptographer credited as one of the earliest figures behind Bitcoin and founder of blockchain firm Blockstream, is dealing with mounting troubles: a hack and multiple lawsuits are hitting his business empire, according to Bloomberg. The report casts a spotlight on the pressures facing one of the industry's longest-standing companies as legal and security problems pile up.