Wall Street experienced a major selloff in technology stocks following recent midterm election outcomes. The Nasdaq Composite recorded its ...

This includes a $25 million loan tied to a large New Mexico data center that forms part of the Stargate artificial intelligence infrastruct...

The shock selloff comes a day after the Democrats' election victory including in some key data-center states drove concerns about a slowdow...

Stocks related to AI and data centers are facing a slump in premarket trading as Democrats secure significant wins in the US midterm electi...

Trump-linked cryptocurrencies tumbled up to 16%, while shares of Bitcoin miners transitioning into AI data centre businesses slumped as Dem...

US Stock Market today: As the world's biggest technology companies race to expand computing capacity, demand for such facilities has surged...

Nvidia's $3 billion investment in Meta's share sale, announced Tuesday, is the latest addition to a portfolio of stakes, loans and guarante...

The heavyweights of the AI industry are facing a reckoning on Wall Street, reflecting concerns over who will bear the cost of the artificia...

Nearly 87% of Indian CEOs are confident about their companies' growth prospects in the next three years. They are increasing investments in...

Elon Musk has warned that over 200 neocloud companies may face significant challenges, including potential failures and consolidation. Desp...

One 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...

The project will be implemented in three phases spanning three to five years, subject to execution conditions, and funded through operating...

A successful flotation by a pure-play AI giant such as Anthropic could reshape how markets value parts of the booming industry, including c...

Shares of neocloud companies have fallen significantly amid concerns about consolidation in the sector. Elon Musk warned that many neocloud...

UBS Global Research indicates that major cloud companies must generate an additional $1 trillion in operating profits by 2031. They are exp...

Short sellers betting against US neocloud and data centre companies have made about $6 billion in paper profits this month as AI debt fears...

Elice, a data center and AI developer, faced a significant decline in its stock price during its debut. This situation exemplifies a broade...