AINewsnow

AI Fears Roar Back With Data Center Firm Elice’s 32% Debut Flop

Shares of data-center infrastructure company Elice Inc. plunged in their trading debut, underscoring lingering concerns about whether the artificial intelligence boom can justify the billions of dollars being poured into the industry.

Read the full story at Bloomberg AI ↗

Timeline · 3 reports

  1. 2026-10-20 07:44 · Bloomberg AI
    South Korean Data Center Firm Elice Plunges in Trading Debut
  2. 2026-10-20 07:03 · Financial Times AI
    South Korean data centre builder tumbles 32% on trading debut
  3. 2026-10-20 00:13 · Bloomberg AI
    AI Fears Roar Back With Data Center Firm Elice’s 32% Debut Flop

More stories

  1. MiniMax launches M3.1 Flash, confirming Space Bunny was an early build — Vercel Blog
  2. DeepSeek barred from government agency IT systems — Politico Technology
  3. Inception debuts Mercury 3, a diffusion LLM that it says tops GPT-6 Luna, Claude Haiku 5.5, and GLM-5.3 Flash on agentic benchmarks while being 4x to 8x faster — Techmeme
  4. Ex-OpenAI worker accused of bugging offices planned to 'flee' to Saudi Arabia, prosecutors say — Sky News Technology
  5. The roots of AI fear in the West are cultural, not technological — New Scientist AI
  6. Sources: Eric Schmidt, who owns ~1% of Anthropic after investing tens of millions in its Series A, is poised to have one of the largest windfalls from its IPO (Bloomberg) — Techmeme
  7. Introducing Clairic, a new System One class of extraction models — Cloudflare Blog — AI
  8. Nscale and Anthropic are reportedly in talks for yet another $45B compute deal — TechCrunch AI

Get the daily brief of stories like this at 6:30 every morning →