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...
28 Aug, 2026, 09.09 AM IST
Anthropic planned, then abandoned $7 billion purchase of MatXThe merger talks, which a third person said have evolved into a discussion about a partnership, underscore the AI lab's ambition to secure ...
28 Aug, 2026, 07.41 AM IST
Nvidia ignites chip stock rally as forecast shows AI boom is intactNvidia has calmed investor anxieties regarding the AI surge, forecasting a remarkable seventy percent increase in revenue for the upcoming ...
27 Aug, 2026, 08.10 PM IST
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...
27 Aug, 2026, 05.52 PM IST
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...
27 Aug, 2026, 08.23 AM IST
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...
27 Aug, 2026, 12.45 AM IST
SoftBank mulls up to $20 billion bond sale for OpenAI financingSoftBank Group is in talks with investment banks about a potential $10 billion to $20 billion bond offering to help refinance a loan for it...
26 Aug, 2026, 05.32 PM IST
In a divided America, the left and right unite to oppose artificial intelligence data centersRural communities face growing concerns over rapid data center expansion. Farmers and environmentalists unite against potential farmland lo...
26 Aug, 2026, 10.46 AM IST
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 ...
25 Aug, 2026, 04.12 PM IST
- 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...
25 Aug, 2026, 01.06 PM IST
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...
25 Aug, 2026, 02.14 AM IST
Anthropic hires Google chip veteran Amir Salek as part of push into hardwareAI firm Anthropic has hired a Google chip founder for its new semiconductor team. This move signals Anthropic's ambition to develop its own...
23 Aug, 2026, 01.00 AM IST
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...
22 Aug, 2026, 01.12 PM IST
Trump’s claim of 24,000 illegal 2020 voters unsupported by Census reportA recent Census Bureau report claimed thousands of noncitizens voted in the 2020 election. Experts, however, state the report's methodology...
22 Aug, 2026, 07.04 AM IST
Brazil launches AI supercomputer push, splits projects between Chinese, US firmsJust over half the total, 1.3 billion reais, will fund a supercomputing infrastructure project in Rio de Janeiro developed in partnership w...
21 Aug, 2026, 02.26 PM IST
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...
20 Aug, 2026, 04.40 PM IST
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...
17 Aug, 2026, 06.49 PM IST