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CLOUD COMPUTING INFRASTRUCTURE
Nebius beats quarterly revenue estimates on strong AI demandIn the latest quarterly report, Nebius achieved impressive revenue of $981 million, exceeding analyst projections of $907.5 million. The co...- CleanMax plans ₹50,000-crore investment in Andhra Pradesh to power 2 GW green compute factoryCleanMax Enviro Energy Solutions Ltd has signed an MoU to invest ₹50,000 crore in Andhra Pradesh for developing clean energy. The investmen...
- Five IndiaAI empanelled companies ineligible for new compute bidCDAC requires bidders to own, lease or operate a Tier-III, Rated-3 or higher data centre in India. Bidders must also hold the required ISO ...
- CoreWeave stock jumps after earnings: 7 things driving the AI cloud company's rallyCoreWeave shares surge after beating Q3 earnings expectations, reporting 168% revenue growth and a $132.5 billion backlog, while raising 20...
- Anthropic IPO: Why are Nvidia, Google, Microsoft and AMD investing billions in their own AI competitor? What Big Tech stands to gain from the Claude makerAnthropic IPO: Anthropic is set to receive a significant $26 billion investment through its upcoming IPO from several technology companies....
- Russia's Yandex says nearly 3% of cloud customer data lost after attacks"The remaining 2.84% cannot be recovered due to critical damage to equipment and the absence of backups on the platform by customers," the ...
- Anthropic's IPO: A close look at AI frontrunner's rapid growth, spiraling costsAnthropic aims to raise up to $64.4 billion in an upcoming IPO, representing a significant market debut. The company plans a valuation of u...
- Wall Street brokerages call AI stock selloff overdone, see buying opportunity in tech stocksWall Street brokerages Morgan Stanley, UBS and HSBC consider the recent AI stock selloff excessive, maintaining confidence in long-term inv...
- AMD stock today surges 12% after Oppenheimer upgrades Advanced Micro Devices, while Nvidia slides amid board investigation reportAMD stock price today: AMD shares surged more than 12% on Monday after Oppenheimer upgraded the stock and set a $600 price target. A Google...
- The US, Singapore and Taiwan have all looked at Alice Huang or her company Megaspeed; here’s what each investigation coversOne Chinese businesswoman, three countries and a growing national security controversy. Alice Huang has drawn scrutiny in the US, Singapore...
- Nvidia board probes whether CEO Jensen Huang was targeted in Chinese intelligence operationNvidia's board has launched an independent investigation into allegations that CEO Jensen Huang may have been targeted by a Chinese intelli...
- Is Cathie Wood betting on the next stage of the AI boom amid Wall Street’s tech stock crash, buying SpaceX and Nvidia while selling $120 million in Broadcom stock?Cathie Wood is buying AI stocks while Wall Street is selling them. ARK Invest purchased nearly $49 million in SpaceX and $46 million in Nvi...
- Meta raises $15 billion through bond sale to fund AI infrastructure expansionMeta Platforms is raising $15 billion through a five-part bond offering to fund its expanding artificial intelligence infrastructure invest...
- 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...
- Oracle plans to raise $20 billion through bonds and stock salesThe company said last week that it expects capital spending to peak this fiscal year and the next as it builds more cloud-computing capacit...
- 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...
- NTT Data to nearly triple Mangaluru workforce to over 2,500 by 2027The company entered Mangaluru through its acquisition of local cloud engineering company Niveus Solutions, and is looking to use the city a...
- 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 ...
- Oracle plans to raise $20 billion through bonds and stock salesOracle has announced its ambitious plan to generate $20 billion through bond and share sales, focusing on both corporate needs and essentia...
- Elon Musk vs Sam Altman: After OpenAI CEO questions people's RAM usage at home, Musk defends ordinary users with a memeElon Musk has taken a dig at OpenAI CEO Sam Altman after the latter questioned why people keep large amounts of RAM in their personal compu...
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