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NEOCLOUD MARKET
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...
AI stocks rebound as CoreWeave jumps on Goldman Sachs upgradeAI stocks rebound after last week’s sharp selloff, with semiconductor stocks leading the recovery. CoreWeave gains after Goldman Sachs upgr...
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 Dow
The 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 boom
A 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...
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...
CoreWeave launches $3 billion convertible debt saleCoreWeave is set to secure $3 billion via convertible debt offerings to significantly enhance its artificial intelligence infrastructure. I...
CoreWeave launches $3 billion convertible debt saleNvidia-backed CoreWeave said on Thursday it plans to raise $3 billion through a convertible debt offering, highlighting the massive funding...
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...
Mumbai set to hold 68% of India's data centre capacity by 2030Mumbai's data centre capacity will reach sixty-eight percent by 2030. This expansion reflects sustained demand from financial institutions ...
ET World Leaders Forum: Agriculture, manufacturing, logistics & exports could offer major AI opportunities in IndiaIndia is becoming a priority market for Silicon Valley AI companies, which are increasingly building products specifically for Indian users...
Global Market: AI investment story shifts from spending to picking the winnersThe AI investment debate is shifting toward identifying sustainable winners as spending accelerates. Hyperscalers, semiconductor firms and ...
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...
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 ...