Tag: Data Centers
FuriosaAI banks $620M by selling power as the bottleneck
The South Korean inference chip startup reached a $2.9B valuation on the argument that data centers are short…
SpaceX borrows $40B against chips through an Apollo lease
An Apollo-managed entity will buy Nvidia hardware and rent it back to SpaceX over five years, the largest…
Meta seeks $95 billion as share sale funds four superclusters
Meta will raise $35B in public equity and another $60B through an at-the-market program, with Nvidia, AMD and…
TikTok’s US arm shops for four gigawatts of compute
The joint venture wants capacity by the early 2030s and says Oracle will stay its primary cloud provider.
Credit markets put the AI buildout on notice
CoreWeave protection costs passed 11 percent, three neoclouds shed more than 30 percent this month, and SK Hynix…
SpaceX says AI now pays more than half its bills
Grok, Cursor and a fast-growing GPU cloud pushed the company's Super Intelligence unit past half of quarterly revenue.
Salesforce picks Madrid as the base for its southern Europe push
A $1B five-year Spanish commitment comes with a new headquarters and a mandate to run EMEA South operations…
Credit markets flag distress in CoreWeave’s debt pile
Spreads on the AI cloud provider's default insurance blew past 1,100 basis points as investors questioned who pays…
Semtech locks in dedicated silicon germanium capacity at Tower
The two-decade partners expanded an agreement aimed at optical and copper interconnects for AI data centers.
Intel and Broadcom chiefs warn that capital may stall AI buildout
Both executives said financing, not chips or power, could become the binding constraint as returns take years to…
Microsoft bets its own silicon can carry Azure inference
Microsoft unveiled Maia 300 and said its homegrown accelerators will move to multi-gigawatt deployments beginning in 2027.
Amazon commits $1B more to towns hosting its data centers
AWS will add more than $1B over five years for schools, energy upgrades and local grants in US…