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NEOCLOUD FINANCING
Neocloud firm Argentum AI in talks for $5 billion AI chip financing, sources sayOne of the people said the money would pay for additional chips for the data center Argentum secured in Poland with DL Invest Group, and th...- 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 ...
- Tata Communications to plug Rs 4,350 crore in AI super highwayTata Communications aims to invest Rs 4,350 crore to create 10,000 km of AI-ready connectivity infrastructure across India. The investment ...
- Steep bill for AI buildout punishes Meta, other tech favoritesInvestors sold shares of Meta Platforms and a wealth of companies central to the AI trade, a day after Meta -- one of the so-called hypersc...
- Nebius gets $3.5 billion Citi facility for data center growthNebius has successfully acquired a substantial $3.5 billion financing facility from Citi, aimed at expanding its operations. This crucial f...
- AI debutant’s flameout stokes fears boom is endingElice, a data center and AI developer, faced a significant decline in its stock price during its debut. This situation exemplifies a broade...
- Tech under pressure on AI jitters, dollar slips: Markets wrapSouth Korea’s Kospi Index — a bellwether for AI investments — dropped 3.5%, with chip heavyweight SK Hynix Inc. heading for its lowest clos...
- S&P Global flags potentially hidden AI debt at hyperscalers as AI spending surgesS&P Global warned that hyperscalers could be carrying more AI related debt than currently visible through financing structures linked to da...
- US stocks today: S&P 500, Nasdaq climb as AI-linked stocks recover ahead of earningsUS stocks saw a significant recovery as semiconductor shares attracted investor attention following steep declines. The Nasdaq 100 and S&P ...
- CoreWeave stock wipeout exposes divide between AI fear and greedCoreWeave Inc. is navigating turbulent stock trends due to climbing bond yields and investor trepidation over its debt, raising fears of de...
- US stocks: S&P 500 muted as AI concerns hit chip stocks; bank gains lift DowThe S&P 500 showed little movement as semiconductor stocks decreased due to AI-related concerns and market pressures. Gains in banking stoc...
- Investors temper Anthropic IPO valuation expectations over revenue growth slowdownSome investors who attended Anthropic's investor day on Wednesday in San Francisco discussed a valuation of around $1.5 trillion, three of ...
- CoreWeave's slump puts spotlight on debt behind AI boomThe loss-making AI cloud company, burdened with about $50 billion in debt, has become the poster child for mounting concerns that the data ...
- Market selloff, rising rates test AI data centre deal boomA market selloff is forcing companies driving the global AI boom to delay fundraising plans or pay more for capital as investors demand pro...
- US stocks: CoreWeave's slump puts spotlight on debt behind AI boomCoreWeave's financial distress is highlighted by its $50 billion debt and significant default risks, causing stock prices to drop. Investor...
- Nvidia-backed Upscale AI launches platform to connect chips from rival suppliersUpscale AI has unveiled Token Fabric, a pioneering platform designed for creating data centers powered by AI chips. This innovative solutio...
- Govt eyes Rs 20,000 crore fund to power up frontier AI and compute ecosystemThe proposed National Frontier AI & Compute Fund (NFAICF) under the IndiaAI Mission is still under consultation, and its final size, struct...
- Ooredoo-backed Zankore secures $3.1 billion financing for Nvidia AI cloud platformZankore has successfully obtained a notable loan facility intended for infrastructure development. This funding will facilitate the purchas...
- AI data centre firm AMI orders 9,000 Nvidia Vera Rubin chipsAM Intelligence (AMI), promoted by Greenko founders, has ordered 9,000 Nvidia Vera Rubin chips as it builds a 5GW global data centre networ...
- Nvidia-backed neoclouds hover over India to lease data centre capacityCoreWeave, Together AI, Nebius, Lambda Labs, Crusoe and Nscale are in various stages of discussions with companies such as Sify Technologie...
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