CoreWeave IPO is not a good proxy for AI as an industry, let alone a technology todayheadline
Mike Intrator, CEO and founder of CoreWeave. Some analysts think the company's lackluster IPO spells trouble for the AI boom ...
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Beware a swelling bubble in AI data centers, Alibaba chairman says
Tyler Le/BI A bubble is forming amid the scramble to build data centers to power the AI boom, Alibaba's chairman ...
Read moreDetailsOracle Gives Strong Outlook, Fueling Stargate Cloud Optimism
(Bloomberg) -- Oracle Corp. reported a surge in bookings and gave a revenue forecast for the fiscal year beginning in ...
Read moreDetailsBaker Hughes and Frontier Infrastructure enter carbon capture partnership
(Reuters) - Baker Hughes on Monday announced a partnership with Frontier Infrastructure to accelerate the development of the latter's large-scale ...
Read moreDetailsMeta in Talks to Raise $35 Billion for Data-Center Financing Led by Apollo
(Bloomberg) -- Apollo Global Management Inc. is in talks to lead a roughly $35 billion financing package for Meta Platforms ...
Read moreDetailsWall Street eyes ‘growing pains’ in Nvidia earnings but all eyes are on a bullish 2nd half for its next-gen chip
AP Photo/David Zalubowski, File; Getty Images; Chelsea Jia Feng/BI Nvidia will report earnings on Wednesday, with investors focused on Blackwell ...
Read moreDetailsAlibaba to Spend $53 Billion on AI Infrastructure in Big Pivot
(Bloomberg) — Alibaba Group Holding Ltd. (BABA) has pledged to invest more than 380 billion yuan ($53 billion) on AI ...
Read moreDetailsCenterPoint joins peers in raising capital spending plan to meet data centers’ power demand
(Reuters) - CenterPoint Energy on Thursday increased its capital expenditure plan by $500 million to strengthen its electricity grid to ...
Read moreDetailsAmazon Offers Weak Outlook on Rising Spending for AI
(Bloomberg) -- Amazon.com Inc. projected profit in the current quarter that fell short of analysts’ estimates, suggesting the company continues ...
Read moreDetailsCanadian bitcoin miner Bitfarms mulls pivot to AI data centers
(Reuters) - Toronto-based bitcoin miner Bitfarms has enlisted two consultants to explore how it can transform some of its facilities ...
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