40 stories tagged #data center

  1. HIVE Digital Plans $75 Million Raise for AI Infrastructure
    crypto

    HIVE Digital Plans $75 Million Raise for AI Infrastructure

    HIVE Digital Technologies is raising $75 million through exchangeable notes to fund GPU purchases and data center expansion, signaling a strategic pivot into AI infrastructure.

    3mo ago 1 min read
  2. Digital Realty Boosts Singapore AI Infrastructure with S$7 Billion Investment
    tech

    Digital Realty Boosts Singapore AI Infrastructure with S$7 Billion Investment

    Digital Realty significantly expands its data center footprint in Singapore, investing up to S$7 billion to support the next phase of AI inference and cloud connectivity.

    3mo ago 2 min read
  3. Applied Digital Sees Wider Net Loss Despite Revenue Surge
    finance

    Applied Digital Sees Wider Net Loss Despite Revenue Surge

    Applied Digital's net loss widened in its third quarter due to increased expenses and a one-time charge, even as revenue significantly beat estimates driven by data center demand.

    3mo ago 1 min read
  4. 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.

    3mo ago 1 min read
  5. Qualcomm Authorizes Twenty Billion Dollar Stock Buyback Amid Market Rebound
    finance

    Qualcomm Authorizes Twenty Billion Dollar Stock Buyback Amid Market Rebound

    Qualcomm launches $20B buyback and dividend hike as shares recover from memory crunch. CEO Amon targets diversification into data centers and autonomous vehicles.

    4mo ago 1 min read
  6. Nebius Secures $27B AI Deal with Meta
    tech

    Nebius Secures $27B AI Deal with Meta

    Nebius Group signs landmark five-year agreement with Meta to deliver $12B in AI computing, with up to $27B total value. Expansion accelerates AI cloud growth.

    4mo ago 1 min read
  7. Nvidia Pours $2 Billion into AI Cloud Nebius Amid Data Center Expansion
    tech

    Nvidia Pours $2 Billion into AI Cloud Nebius Amid Data Center Expansion

    Nvidia commits $2 billion to AI cloud provider Nebius, bolstering its AI data center infrastructure and expanding capacity to meet surging global demand for intelligence.

    4mo ago 1 min read
  8. Nvidia Invests $2 Billion in AI Cloud Firm Nebius
    tech

    Nvidia Invests $2 Billion in AI Cloud Firm Nebius

    Nvidia injects $2 billion into AI cloud company Nebius, expanding its AI investment portfolio and boosting Nebius's data center capacity.

    4mo ago 1 min read