76 articles tagged
Microsoft has finalized a $9.7 billion, five-year agreement to purchase AI cloud capacity from IREN Ltd., aiming to bolster its Azure services amid high demand.
Microsoft's CEO reveals the company has a surplus of AI chips it cannot use, not due to a tech shortage, but a lack of available power and data centers.
A Bitcoin mining company's stock has surged over 500% this year by shifting its focus to providing essential power and infrastructure for the booming AI industry.
Optical networking is becoming essential for AI as copper cables hit limits. This shift drives a new investment wave in optical components, modules, and assembly, with analysts projecting over 50% gro
Core Scientific shareholders have rejected a $9 billion takeover bid from AI provider CoreWeave, betting the company's future value is higher as a standalone entity.
OpenAI is using a series of complex, circular financial deals to fund its massive AI infrastructure, receiving billions from partners and then paying it back for services.
Caterpillar's stock reached an all-time high after its Q3 earnings crushed expectations, fueled by a surge in demand for power generators for AI data centers.
Meta Platforms Inc. announced a significant increase in 2026 expenses and capital spending, primarily to fund its ambitious artificial intelligence initiatives, causing shares to fall. The company is
The rapid expansion of data centers, driven by AI, is sparking controversy across the US. Major tech companies are using non-disclosure agreements with land sellers and local officials, limiting publi
Saudi Arabia is leveraging its vast energy surplus to become a global hub for artificial intelligence, a key part of its Vision 2030 economic diversification plan.
The massive energy needs of artificial intelligence are causing a speculative surge in power company stocks, especially in the nuclear sector, raising bubble concerns.
A record-breaking $38 billion debt sale is being prepared to fund new AI data centers in Texas and Wisconsin linked to Oracle Corp, marking a new high for AI infrastructure investment.
