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AI DATA CENTER
Not just Nvidia: these power and cooling firms are riding the trillion-dollar data centre boomMcKinsey forecasts nearly $7 trillion in data-centre investment globally by 2030; Nvidia last week said it expects AI spending to remain ro...
Struggling GoPro sells majority stake to optical maker Starman for $285 millionStarman Optical will acquire struggling GoPro for $285 million in cash. This deal aims to repay GoPro's debt and navigate market challenges...
Anthropic signs $35 billion cloud deal with Nvidia-backed LambdaAnthropic has signed a cloud-computing deal worth $35 billion with Lambda, a cloud provider backed by Nvidia, for a Texas data centre. The ...
Broadcom faces high-stakes earnings test as AI expectations soarBroadcom’s upcoming earnings report faces high expectations after Nvidia’s strong results. Investors will closely watch its $16 billion AI ...
Nvidia invests $3.5 billion in MediaTek convertible bondsThe new deal is the latest example of Nvidia helping finance businesses building products and infrastructure around its technology, a strat...
SLB to expand data center business with $3.4 billion deal for KelvionThe oilfield services company will also assume about $700 million of Kelvion's debt under the deal, which is expected to close in the fir...
OpenAI issued warrants worth $5.5 billion in SB Energy, WSJ reportsOpenAI was issued warrants worth an estimated $5.5 billion in power infrastructure firm SB Energy, the Wall Street Journal reported on S...
US election candidates turn on AI data centers as power bills, noise fuel angerData centers are now a key election issue across America. Rising electricity bills and noise pollution fuel voter anger against Big Tech co...
Data center firm IREN signs new deal with frontier AI lab; quarterly loss hits sharesIREN shares fell more than 7% in extended trading after the company swung to a quarterly loss, driven by costs tied to retiring bitcoin m...
America’s power grid can’t keep up with AI: Why hundreds of data center projects are freezingPlanned United States data center developments face significant delays and cancellations. Aging electrical grids and supply chain issues ar...
Nvidia forecasts 70% sales growth next year, signals AI spending boom has years left to run"AI has reached its inflection point. It's doing useful work. Its tokens are productive and profitable. Now, compute is revenue," Nvidia Ch...
Anthropic to rent AI computing power from Nscale for $45 billionAnthropic has been aggressively expanding its computing power to meet demand growth it expects for products like AI coding tool, Claude Co...
Nvidia faces growth test as Rubin debut meets AI financing scrutinyThe chipmaker has been the biggest beneficiary of the race to build AI infrastructure. Recently, though, its stock has come under pressure ...
- Samsung, SK Hynix stand to benefit as Nvidia AI server costs surge
Server manufacturers notified major data center customers, including Microsoft, Google, and Oracle, that prices for Nvidia-based AI systems...
US stocks today: S&P 500, Nasdaq decline as tech sector falls, US prepares to impose more Iran sanctionsWall Street’s S&P 500 and Nasdaq declined on Monday, dragged down by a sharp sell-off in technology and semiconductor stocks.Investors reac...
Nvidia invests in data center developer Cloverleaf InfrastructureThe investment will help Cloverleaf develop sites for the data centers, while Nvidia will support infrastructure buildouts for AI computi...
Chip designer Velaura AI valued at more than $1 billion in funding roundThe funding round was led by Seligman Ventures, with participation from new investor Capricorn Investment Group. Existing investors Samsu...