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AI DATA CENTERS
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...
SoftBank seeks another $10 billion loan for OpenAI stake fundingSoftBank is seeking a $10 billion loan, as it looks for more funding to help refinance debt used for its investment in US tech giant OpenAI...
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...
Next market winners: Jefferies sees potential in data centers as hyperscalers race for AI capacityHyperscalers are accelerating data-centre leasing as power constraints and lengthy development timelines limit supply. North American non-c...
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...
India’s AI data-centre push could drive 5% of global chip demand by 2030Global semiconductor revenue is projected to reach $1.6 trillion by 2026. AI data centres will drive significant growth in chip demand worl...
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...
Nebius upsizes debt sale to $5 billion to fund data centres, AI platformThe Amsterdam-headquartered company plans to issue private convertible notes worth $3 billion maturing in 2030, and notes worth $2 billio...
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...
Missouri farmer invites data center developers to buy his land as $6.3B project faces growing local opposition and communities push back on AI expansionA Missouri farmer is inviting data center developers to bid on his land as a $6.3 billion AI project faces opposition and community push ba...