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AI INFRASTRUCTURE
Meta raises $15 billion in five-part US bond saleThe tech giant's offering adds to a wave of fundraising as companies raise fresh capital to finance AI data centers, computing capacity and...
Why is Microsoft borrowing $25 billion after offering buyouts to 60,000 employees?Microsoft 25 billion bond sale: Microsoft is raising $25 billion through a bond sale as AI infrastructure costs rise, days after offering v...
Meta eyes at least $20 billion from potential bond offerings, Bloomberg News reportsMeta is reportedly looking to raise at least $20 billion through a cross-border bond offering to fund its expanding AI infrastructure. The ...
Anthropic revenue jumps 1,100% ahead of IPO as AI spending commitments near $900 billionAnthropic reported a 1,100% surge in third quarter revenue to $17 billion ahead of its planned IPO later this month. However, the AI compan...
Vultr eyes 1 GW India capacity by 2029Further, the company said it has hired more than 100 people in India over the past three months and plans thousands of additional hires in ...
Besides the bubble, a big AI risk could be growing in the shadowsInvestors are worried about potential financial risks linked to Big Tech's investments in AI infrastructure. The technology sector recently...
Nasdaq 100 cracks 5%, wipes out $2 trillion in October as AI spending fears deepenInvestor concerns about the high expenditures on artificial intelligence have intensified amidst rising borrowing costs. Major technology c...
See data centres less as energy-sucking private warehouses, and more as quasi-public utilitiesWe need data centres. They run far more than ChatGPT. Search, banking, streaming, social networks, cloud software, government services, hos...
Nasdaq faces $2 trillion wipeout in October as AI spending fears deepenThe wipeout would amount to slightly more than SpaceX's entire market value. The index has fallen over 5.8% so far in October as the AI tra...
Nasdaq futures tumble over 2% as Amazon, Intel stoke AI spending concernsU.S. stock futures tumbled as Amazon's rising AI investments and Intel's cash burn warning heightened concerns over infrastructure costs, b...
Foxconn working on a new tie-up with OpenAI, says there is no AI bubbleFoxconn Chairman Young Liu told reporters at the company's annual event to showcase its technology that he had met OpenAI Chief Executive S...
Global Market: Wall Street's top asset managers bet big on AI infrastructure boomWall Street’s leading alternative asset managers are ramping up investments in AI infrastructure, betting on long-term leases and creditwor...
Microsoft, Oracle outshine Alphabet as investors demand AI returnsWall Street increasingly favours technology companies demonstrating financial discipline in AI investments. Microsoft and Oracle gained on ...
Gulf AI buffering, but on-streamThe escalating tensions between the US and Iran have hindered the progress of AI infrastructure development throughout the Gulf. While Gulf...
AI an economic equaliser, tech at its best when inclusive, democratic: Google India's Preeti LobanaPreeti Lobana from Google India emphasises the transformative power of AI for small and medium businesses. She highlights the importance of...
Indian IT firms poised to benefit from enterprise AI adoption as infrastructure costs rise: ReportIndian information technology (IT) companies are well-positioned to benefit from the growing adoption of artificial intelligence (AI) by en...
Why AI stocks rallied after Anthropic’s IPO filingAI stocks rallied after Anthropic disclosed IPO paperwork, with Nvidia gaining nearly 3% and the Philadelphia Semiconductor Index climbing ...