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NEOCLOUD FIRMS
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...
- Forget rockets: Morgan Stanley sets $300 SpaceX target based on a secret AI weaponMorgan Stanley has initiated coverage on SpaceX with an Overweight rating and a $300 target price, arguing its biggest opportunity lies bey...
- Ex-Intel exec Raja Koduri's OXMIQ raises $35 million to build licensable AI chip architectureAI chip startup OXMIQ, founded by former Intel executive Raja Koduri, has secured $35 million in Series A funding. The company aims to demo...
- Short seller Jim Chanos doubts SpaceX valuation, says IPO fueled by 'hopes and dreams'Renowned short seller Jim Chanos questions SpaceX's massive IPO valuation. He believes the company's worth is inflated by future hopes, not...
- India's data centre capacity could hit upper end of 5-8 GW target by 2030; Adani, Reliance best placed, says BernsteinIndia’s data centre capacity could expand to the upper end of the projected 5-8 GW range by 2030 from about 1.5 GW currently, according to ...
- India’s data centre capacity to cross 3 GW by 2028 on AI, hyperscaler demand: CBREIndia's data centre capacity is set to surpass 3 gigawatts by 2028. This growth is driven by strong demand from hyperscalers and the increa...
- Nvidia CEO's foundation buys $108 million of AI computing from CoreWeave, donates it to researchersNvidia CEO Jensen Huang and his wife are donating $108.3 million in computing time from CoreWeave to universities for AI research. This sig...
- CoreWeave tops revenue estimates as AI boom supercharges cloud demandCoreWeave Inc. has surpassed revenue expectations. Strong demand for its high-performance computing services fuels this growth. These servi...
- Nvidia to invest up to $2.1 billion in IREN as part of AI data centre dealNvidia is investing up to $2.1 billion in data centre operator IREN to deploy 5 gigawatts of AI infrastructure, addressing the immense dema...
- Nvidia stocks: Why is NVDA share price down even as AI giant paid several billion dollars investment in in Corning?Nvidia CEO Jensen Huang said the AI chip supplier has made "a multi-billion-dollar prepayment" that was not disclosed when it announced an ...
- Jane Street signs $6 billion AI cloud deal with CoreWeave, boosts stakeTrading firm Jane Street has committed approximately $6 billion for CoreWeave's cloud services. This follows a $1 billion equity investment...
- CoreWeave strikes AI cloud deal with Anthropic, shares riseCloud infrastructure firm CoreWeave has secured a significant deal with AI startup Anthropic. This multi-year agreement will provide Anthro...
- Nvidia to invest $2 billion in AI cloud firm NebiusNvidia said on Wednesday it will invest $2 billion in artificial intelligence cloud company Nebius, adding to the leading chipmaker's g...
- US Stocks: CoreWeave shares slump 15% as doubling capital expenditure sparks margin concernsShares of CoreWeave slumped around 15% on Friday, after the company's plans to double capital expenditure this year stoked investor concern...
- AI cloud firm Nebius posts surge in capex on GPU, data centre expensesNebius Group significantly increased spending on AI processors and data centres. This move aims to meet high demand for their cloud service...
- Nvidia invests $2 billion in CoreWeave, expands partnershipNvidia is investing $2 billion in CoreWeave, which is set to focus on expanding their AI infrastructure and computing power.
- Nebius leverages Microsoft, Meta contracts for AI expansionNebius will leverage recent multi-billion dollar contracts with Microsoft and Meta to build its business with traditional firms and emergin...
- Microsoft bets $33 Billion on neoclouds like Nebius to ease AI crunchMicrosoft is investing heavily in "neocloud" companies like Nebius, with deals totaling over $33 billion, to secure crucial AI computing po...
- Turf war in the clouds showers on the groundAs neocloud firms begin to challenge hyperscalers’ dominance, Indian data centres seek to benefit from this shift in cloud business, finds ...
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