Scaleway to open Nvidia-powered computing site in Copenhagen

With the Bank of Canada widely expected to hold its overnight rate at 2.25% for the sixth consecutive time on July 15, balancing an inflation rate that climbed to 2.8% in April against GDP growth of only 0.5%, lenders are sharpening their focus on fee-generating wealth services that are less sensitive to rate cycles.  Expanding the…

Artificial intelligence startups represent a new, riskier breed of tenants that account for a growing share of demand for data centers and the high-powered chips used inside them. But lenders are balking at providing the billions of dollars these “neoclouds” require to expand their computing capacity. Now, Nvidia is trying to coax insurers into shouldering…

A month after the New York City Rent Guidelines Board voted to freeze rents on all stabilized leases, a group of landlords has filed a lawsuit claiming that the process was illegally influenced by the mayor. The complaint, filed Wednesday, accuses the RGB of failing to act independently and reverse-engineering the evidence used to justify its…

The £2.5bn regeneration will create at least 5,000 homes across a 47-acre riverside site in the Royal Docks. Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE intelligence. Already have an account? Log in The post…

More than a third – 36% – of consumers seek mortgage advice from unregulated sources such as social media, artificial intelligence (AI) tools, family and friends, according to research from Zable. Zable said it raised concerns about the quality of information influencing high-value property decisions. The survey of 2,001 UK credit card holders found…

Former 1st Alliance executive John DiIorio won a key legal battle when the federal case against his company was dismissed last year but he still wants to demonstrate that bad faith assertions led to the charges. Processing Content Connecticut alleged licensing infractions in a case later escalated to the Consumer Financial Protection Bureau. Although that…