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BIS chief warns AI capex arms race relies on opaque debt, posing systemic risks

BIS chief warns AI capex arms race relies on opaque debt, posing systemic risksWorldPing

Pablo Hernandez cited historical railway and dot-com bubbles to caution that spending driven by hype over actual profits risks broad economic corrections.

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Edgar Grospiron quits as 2030 French Alps Olympics chief amid setbacksWorldPing
France 24

Edgar Grospiron quits as 2030 French Alps Olympics chief amid setbacks

Edgar Grospiron, the former moguls Olympic champion, has left the presidency of the 2030 Winter Olympics organising committee, French organisers said Thursday. Grospiron's decision to step down is the latest setback for organisers of the French Alps Olympics.

Brief by WorldPing · Original reporting by France 24