AI Infrastructure
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techMeta 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.
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techOpenAI 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.
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techApplied 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.
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cryptoCango 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.
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techSK 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.
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financeSK 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.
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techData Center Moratoriums Threaten US AI Dominance
Rising electricity demand from AI and data centers triggers populist backlash across rural America
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techNvidia Invests $2B in Marvell for AI Chip Partnership
Nvidia partners with Marvell to advance AI infrastructure through NVLink Fusion and custom chip development.