Brazil to offer tax breaks to lure data center investments, sources say
By Marcela Ayres BRASILIA (Reuters) -Brazilian Finance Minister Fernando Haddad will begin a trip to Silicon Valley this week with ...
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Southeast Asia doesn’t need fossil fuels for the AI data center boom todayheadline
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Read moreDetailsCenterPoint to spend more to meet AI power demand despite fall in quarterly profit
(Reuters) -CenterPoint Energy reported a fall in first-quarter profit on Thursday, but the U.S. utility raised its capital expenditure plan ...
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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 ...
Read moreDetailsBeware 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 ...
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