AI code review platform CodeRabbit valued at $1.5 billion in latest funding roundInvestors were betting that the rapid adoption of AI coding tools and vibe coding would increase demand for software monitoring and code ...
12 Aug, 2026, 08.32 PM IST
Nebius beats quarterly revenue estimates as AI demand fuels growthThe Amsterdam-based AI infrastructure firm reported total revenue of $582.3 million for the quarter ended June, compared with analysts' a...
12 Aug, 2026, 05.57 PM IST
CoreWeave boosts 2026 spending plan, beats quarterly estimates on AI demand surgeThe AI cloud company also lifted its targets for 2026 revenue and adjusted profit, banking on a ballooning order book, after its revenue ...
12 Aug, 2026, 05.36 PM IST
Nvidia partners with Wall Street giants to raise $500 billion for AI buildoutNvidia signed memorandums of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR for the financing platfor...
12 Aug, 2026, 03.10 PM IST
Foxconn posts quarterly profit surge on AI server demandThe company said net profit for April-June reached NT$59.97 billion ($1.86 billion), up 35% from the previous year. Foxconn, whose official...
12 Aug, 2026, 12.45 PM IST
Oracle plans fresh layoffs as AI spending piles up billions in debt: ReportOracle is reportedly planning another round of job cuts. This move aims to reduce payroll while investing heavily in AI infrastructure. The...
12 Aug, 2026, 11.44 AM IST
Super Micro forecasts upbeat annual revenue on data center adoptionAI infrastructure firms have seen demand surge as tech and cloud companies ramp up data center investments to support AI applications.
12 Aug, 2026, 08.52 AM IST
Nvidia partners with Wall Street giants to raise $500 billion for AI buildoutThe move highlights how surging demand for AI computing capacity is drawing institutional investors, as governments, companies and startups...
11 Aug, 2026, 04.57 PM IST
Nvidia partners with Wall Street giants to raise $500 billion for AI buildoutIn an ambitious collaboration, Nvidia is joining forces with six prominent financial institutions to establish compute financing platforms ...
11 Aug, 2026, 07.15 AM IST
Amazon’s Texas AI data center faces a huge climate problem: 7.65GW gas plant could become America’s biggest source of CO₂ emissions in the US as tech giant races to power the AI boomAmazon’s massive Texas AI data center is drawing environmental scrutiny after plans for a 7.65GW natural gas power plant revealed it could ...
10 Aug, 2026, 10.26 PM IST
Intel plans $15 billion share sale as turnaround rally lifts stockIntel is gearing up for a monumental fifteen billion dollar share sale aimed at boosting its chip manufacturing capabilities. This strategi...
10 Aug, 2026, 07.04 PM IST
Data centre firm Switch confidentially files for US IPO: BloombergThe company operates large-scale data centre campuses that provide power, cooling and connectivity needed for AI computing, enabling cloud ...
08 Aug, 2026, 09.10 AM IST
Airbnb shares surge 15% to four-year high on raised forecast, AI gainsAirbnb shares surged nearly 15% after the company raised its annual revenue growth forecast, citing resilient global travel demand and AI-d...
07 Aug, 2026, 08.07 PM IST
Microsoft opens its largest India data center hub as AI race heats upMicrosoft launched its largest India data center in Hyderabad on Thursday. This new facility brings Microsoft's cloud regions in India to f...
06 Aug, 2026, 07.09 PM IST
Shopify shares soar 18% as AI push helps revenue beat estimatesShopify's stock soared following the release of strong second-quarter financial results. The e-commerce giant outperformed analyst projecti...
05 Aug, 2026, 08.33 PM IST
South Korea’s Kospi climbs 5%, extending two-day rebound: 3 reasons fueling the rally after July selloffSouth Korea's KOSPI surged over 5% on Wednesday, extending its two-day recovery to 7% following a heavy July selloff. The rally was fueled ...
05 Aug, 2026, 08.36 AM IST
Onsemi forecasts upbeat revenue on surging AI data center chip demandOnsemi anticipates third-quarter revenue exceeding Wall Street expectations. This growth stems from surging demand for power management chi...
04 Aug, 2026, 08.50 AM IST