101 stories tagged #AI Infrastructure

  1. Meta Boosts AI Infrastructure with $21 Billion CoreWeave Investment
    tech

    Meta Boosts AI Infrastructure with $21 Billion CoreWeave Investment

    Meta Platforms is significantly expanding its AI compute capacity by committing an additional $21 billion to CoreWeave, signaling a major play in the AI arms race.

    last mo. 1 min read
  2. OpenAI Pauses UK AI Project Amid Energy, Regulatory Hurdles
    tech

    OpenAI Pauses UK AI Project Amid Energy, Regulatory Hurdles

    OpenAI halts its ambitious Stargate AI infrastructure project in the UK due to high energy costs and regulatory uncertainty, with potential future revival.

    last mo. 1 min read
  3. Applied Digital Surpasses Revenue Expectations Amidst AI Infrastructure Boom
    tech

    Applied Digital Surpasses Revenue Expectations Amidst AI Infrastructure Boom

    Applied Digital reports strong quarterly revenue, exceeding estimates due to surging demand for data center services supporting generative AI growth.

    2mo ago 1 min read
  4. Cango Slashes Bitcoin Production Costs, Sells 2,000 BTC
    crypto

    Cango Slashes Bitcoin Production Costs, Sells 2,000 BTC

    Bitcoin miner Cango significantly reduced production costs and sold 2,000 BTC to pay down loans, shifting focus to profitability over scale.

    2mo ago 1 min read
  5. SK Hynix Shares Surge 15% on Samsung Profit Forecast
    tech

    SK Hynix Shares Surge 15% on Samsung Profit Forecast

    South Korean chipmaker SK Hynix climbs after Samsung forecasts blowout Q1 earnings, driven by AI infrastructure demand.

    2mo ago 1 min read
  6. SK Hynix Stock Jumps 15% on Strong AI Chip Demand
    finance

    SK Hynix Stock Jumps 15% on Strong AI Chip Demand

    South Korean chipmaker SK Hynix surges after Samsung reports record AI-driven earnings, boosting memory chip demand.

    2mo ago 1 min read
  7. Data Center Moratoriums Threaten US AI Dominance
    tech

    Data Center Moratoriums Threaten US AI Dominance

    Rising electricity demand from AI and data centers triggers populist backlash across rural America

    2mo ago 2 min read
  8. Nvidia Invests $2B in Marvell for AI Chip Partnership
    tech

    Nvidia Invests $2B in Marvell for AI Chip Partnership

    Nvidia partners with Marvell to advance AI infrastructure through NVLink Fusion and custom chip development.

    2mo ago 1 min read