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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 customers notified about AI-related price hikes above 15%: BloombergThe price hikes will go into effect on systems shipped early next year and will impact systems including those with the flagship Vera Rubin...
- 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...
- 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...
- Explained: Why OpenAI and Anthropic are suddenly talking about privacyEnterprise data privacy became the battleground for AI companies this week with OpenAI and Anthropic making moves this month that reverse o...
- Wall Street Week Ahead: Nvidia earnings, Jackson Hole to test pillars of stock rallyNvidia's upcoming earnings report, alongside the Fed's crucial Jackson Hole symposium, may redefine current market expectations. The recent...
- Orbital data center startup Starcloud valued at $2.3 billion in latest fundingSpaceX's blockbuster IPO has rekindled investor interest in the space industry, including in emerging areas such as orbital data centers.
- Anthropic plans to change enterprise data retention policyUnder the changes to the data retention policy, Anthropic will still require business customers to retain data for 30 days but will give t...
- 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...
- Cerebras launches new server chip and system designed to speed AI chatbotsCerebras makes AI hardware and chips that compete with Nvidia and targets the portion of AI called inference, the computing process of gene...
- Anthropic pre-IPO credit facility set to climb past $10 billionAnthropic is broadening its revolving credit facility past the initial target to prepare for its much-anticipated initial public offering. ...
- Nvidia to provide up to $105 billion guarantee for OpenAI's Ohio data centreThe new deal is the latest example of Nvidia financing the infrastructure built around its chips, a strategy that helps drive demand but ha...
- 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...
- When the cloud gets thirsty: Should India make AI pay back its water debt?India's AI sector is poised to face a substantial challenge due to its increasing water demands for infrastructure, particularly as data ce...
- Institutional investors reveal cautious approach to tech favorites in US quarterly 13F filingsIn the second quarter, institutional investors made slight reductions in their holdings of prominent tech firms, mainly due to already subs...
- Nvidia scales back funding guarantee for Ohio OpenAI data centre: WSJAccording to the report Nvidia and OpenAI are nearing an agreement, with the chipmaker expected to provide a financial backstop only for th...
- Vantage Data Centers explores IPO at $100 billion valuation or sale, sources sayVantage, backed by private equity firm Silver Lake and infrastructure investor DigitalBridge Group, could raise around $10 billion and purs...
- 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 ...
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