12 stories tagged #hyperscalers

  1. Bitcoin Miners Pivot to AI Infrastructure as Sector Surges 187%
    finance

    Bitcoin Miners Pivot to AI Infrastructure as Sector Surges 187%

    Public crypto miners like Hut 8 and TeraWulf are leveraging existing infrastructure for AI data centers, driven by massive hyperscaler investment and long-term contracts.

    yesterday 1 min read
  2. Foxconn's AI Surge: Revenue Hits $66B, Servers Overtake iPhones
    tech

    Foxconn's AI Surge: Revenue Hits $66B, Servers Overtake iPhones

    Foxconn reports Q1 revenue of $66B, driven by AI servers now accounting for 50% of sales, surpassing consumer electronics for the first time.

    last wk. 2 min read
  3. US Data Center Spending Hits Record $50.7 Billion, Surpassing Major Transportation Projects
    finance

    US Data Center Spending Hits Record $50.7 Billion, Surpassing Major Transportation Projects

    Data center construction spending in the U.S. has reached an annualized rate of $50.7 billion, surpassing the combined total for airports, ports, and mass transit.

    2w ago 1 min read
  4. Jabil and Adani Forge AI Data Center Manufacturing Alliance in India
    tech

    Jabil and Adani Forge AI Data Center Manufacturing Alliance in India

    Jabil and Adani Enterprises announce a strategic partnership to build an integrated AI data center infrastructure manufacturing platform in India, targeting hyperscalers and enterprise clients.

    last mo. 1 min read
  5. Goldman Sachs: Private Capital to Fuel AI Data Center Boom
    finance

    Goldman Sachs: Private Capital to Fuel AI Data Center Boom

    Goldman Sachs forecasts private infrastructure and real estate capital will play a larger role in financing the surging AI data center boom.

    last mo. 1 min read
  6. Michael Burry Warns Nvidia Faces Risks from Distorted Demand and Looming Bullwhip Effect
    finance

    Michael Burry Warns Nvidia Faces Risks from Distorted Demand and Looming Bullwhip Effect

    Investor Michael Burry warns Nvidia's revenue growth relies on a small group of hyperscalers, citing concentration risk and a possible bullwhip effect.

    last mo. 2 min read
  7. Cisco Cuts 4,000 Jobs, Pivots to AI as Orders Surge
    tech

    Cisco Cuts 4,000 Jobs, Pivots to AI as Orders Surge

    Cisco restructures and cuts nearly 4,000 jobs to invest heavily in AI, raising its revenue outlook after a surge in hyperscaler orders.

    2mo ago 1 min read
  8. Nvidia on Track to Become World's Largest Company Amid AI Surge
    tech

    Nvidia on Track to Become World's Largest Company Amid AI Surge

    Nvidia's AI dominance positions it for the top market cap spot, driven by high demand for its GPUs from major tech players.

    2mo ago 1 min read