Microsoft and Nvidia Fuel Anthropic’s Surge to a $350B Valuation Anthropic’s value skyrocketed this week after Microsoft and Nvidia unveiled major strategic investments totaling $15 billion, underscoring the intensifying race to lock in AI compute capacity and diversify beyond any
ACS and BlackRock Close In on Mega Data Center Partnership Spain’s ACS is closing in on a €23 billion partnership with BlackRock’s Global Infrastructure Partners (GIP) to massively expand its data center business, according to reporting from Expansion.The deal would
xAI Secures $15B to Supercharge Its AI Expansion Elon Musk’s AI startup xAI has raised $15 billion from investors, according to multiple reports—an expansion to the prior $10B raise that valued the company near $200 billion. The fresh capital is
AMD Shares Surge as Su Backs AI Spending Boom Shares of Advanced Micro Devices (AMD) surged 10% Wednesday after CEO Lisa Su dismissed concerns about excessive AI infrastructure spending, describing it as the “right gamble” for technology companies. Speaking with
Anthropic Launches $50 Billion U.S. Data Center Expansion AI research powerhouse Anthropic (ANTH.PVT) announced plans to spend $50 billion on a massive buildout of AI data centers across Texas and New York, marking one of the largest infrastructure commitments by
Contract Delays Hit CoreWeave’s Growth Outlook Shares of CoreWeave (CRWV) fell as much as 12% on Tuesday, their steepest drop in three months, after the company cut its annual revenue forecast due to delays in fulfilling a large customer contract.
AI’s Data-Center Arms Race Hits the Bond Market JPMorgan analysts say the world’s largest tech companies are about to remake global finance as the AI infrastructure race accelerates. According to the bank’s new report, the next five years will require
OpenAI Forecasts Explosive Revenue Growth OpenAI expects to surpass $20 billion in annualized revenue this year as demand for artificial intelligence products and services continues to surge. CEO Sam Altman said the company’s long-term goal is to grow that figure
Amazon Doubles Down on the AI Infrastructure Arms Race Amazon (AMZN) shares surged Monday after the company announced a $38 billion deal with OpenAI (OPAI.PVT), allowing the ChatGPT developer to run large-scale artificial intelligence workloads on Nvidia GPUs hosted in
Microsoft Expands AI Infrastructure in the Gulf Microsoft (MSFT) announced on Monday that it will begin shipping more than 60,000 of Nvidia’s most advanced AI chips to the United Arab Emirates, marking one of the largest U.S.-approved exports of high-performance
Microsoft and Nvidia Fuel Anthropic’s Surge to a $350B Valuation Anthropic’s value skyrocketed this week
ACS and BlackRock Close In on Mega Data Center Partnership Spain’s ACS is closing in
xAI Secures $15B to Supercharge Its AI Expansion Elon Musk’s AI startup xAI has raised
AMD Shares Surge as Su Backs AI Spending Boom Shares of Advanced Micro Devices (AMD)
Anthropic Launches $50 Billion U.S. Data Center Expansion AI research powerhouse Anthropic (ANTH.PVT) announced plans
Contract Delays Hit CoreWeave’s Growth Outlook Shares of CoreWeave (CRWV) fell as much as 12%
AI’s Data-Center Arms Race Hits the Bond Market JPMorgan analysts say the world’s largest tech
OpenAI Forecasts Explosive Revenue Growth OpenAI expects to surpass $20 billion in annualized revenue this
Amazon Doubles Down on the AI Infrastructure Arms Race Amazon (AMZN) shares surged Monday after
Microsoft Expands AI Infrastructure in the Gulf Microsoft (MSFT) announced on Monday that it will
