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CLOUD COMPUTING AGREEMENTS
SpaceX shares slump 12% as AI spending worries overshadow early returnsSpaceX has demonstrated accelerated returns on its AI investments, though investors express concerns regarding future funding for data cent...- AMD forecasts strong revenue growth on AI chip demand, but investors seek bigger gainsAMD Earnings Report: AMD beat quarterly revenue and earnings estimates while forecasting stronger-than-expected Q3 sales, driven by AI chip...
- Nvidia-backed AI startup seals $10b Anthropic dealAI firm Anthropic has secured a significant computing capacity deal. This agreement is valued at ten billion dollars and spans six years. T...
- AI data-centre race builds $1 trillion lease burden for Big TechThe commitments show that a substantial part of Big Tech's AI spending spree has already been locked in, without yet appearing as debt-like...
- AI cloud startup Volta valued at $2.4 billion, announces $10 billion AI partnershipVolta Infra, a new AI startup, secured a significant cloud contract. This deal is reportedly with Anthropic for European cloud computing se...
- CoreWeave expands into Indonesia, announces first data center in Asia-PacificAI cloud firm CoreWeave is expanding into Indonesia with three new data centers. This move marks their first data-center presence in the As...
- Anthropic inks $10 billion computing deal with new cloud startup Volta InfraAnthropic has secured ten billion dollars in computing capacity from Volta Infra Holdings. This deal aims to meet the growing demand for An...
- DoT seeks TRAI review of net neutrality framework amid 5G shiftIndia's Telecom Department has asked TRAI to review net neutrality rules. This review considers emerging technologies like 5G network slici...
- Moonshot has Nvidia chip cluster from Alibaba computing deal: Bloomberg News reportsChinese AI firm Moonshot has secured computing power from Alibaba. This deal involves approximately twenty thousand Nvidia chips for their ...
- US Stock Market: Arm Holdings tops Q2 forecasts on AI demand, shares fall on royalty growth concernsArm Holdings beat quarterly revenue and earnings estimates and issued a stronger-than-expected revenue forecast, supported by robust demand...
- Xtranet Technologies shares list at 7% premium over IPO price on NSEXtranet Technologies debuted at up to a 7% premium over its IPO price on Thursday, falling short of grey market expectations of an 11% gain...
- Majority of stakeholders oppose bringing cloud services under Digital Competition Bill: StudyCUTS International (Consumer Unity & Trust Society) released two reports examining the competitive dynamics of India's cloud services marke...
- Freshers offer first month's salary for job referrals amid tough hiring marketAmid fierce competition, new graduates are resorting to offering their first paycheck for job referrals. This strategy underscores the diff...
- Xtranet Technologies IPO allotment likely today; GMP signals modest listing gains. Here's how to check statusXtranet Technologies is set to finalise its IPO allotment today, with the stock scheduled to list on July 30. The Rs 166.80 crore issue was...
- Xtranet Technologies IPO Day 3: GMP holds at 7%; Check subscription status and other key detailsXtranet Technologies' initial public offering concluded its final bidding day with robust investor interest. The grey market premium indica...
- Google increases capex forecast again after cloud-driven earnings beatThe search giant now expects to spend between $195 billion and $205 billion in capital expenditures, its finance chief Anat Ashkenazi said ...
- Iren shares jump 16% as $2.8 billion AI cloud deals lift revenue targetIREN shares surged after the company secured $2.8 billion in AI cloud contracts and raised its 2026 revenue target. Strong demand for GPU i...
- This US tech billionaire once begged power companies to keep his electricity on, faced rejection from almost every investor, now owns a $300 million Hawaiian islandLarry Ellison, the co-founder of Oracle, once struggled to pay his electricity bills for his computer and faced investor rejection while bu...
- Elon Musk's SpaceX in talks to supply the Pentagon with computing power: ReportAccording to the report, SpaceX employees have discussed plans to compete more directly with neocloud firms such as CoreWeave by selling co...
- Meta, Anthropic in talks for potential $10 billion compute lease dealSuch a deal would help Meta diversify beyond advertising by generating revenue from its infrastructure and competing with neocloud firms su...
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