Google is using Nvidia's own tactics—financial guarantees and circular financing—to challenge Nvidia's dominance in AI chips. The Wall Street Journal reports Google has provided a $3.2bn guarantee for…
Blackstone-owned data center operator AirTrunk is seeking a A$4.3bn ($3bn) loan to build a single hyperscale facility in Sydney, highlighting the massive capital and power demands of AI infrastructure…
AirTrunk, the Blackstone-backed hyperscale data center operator, is negotiating with banks for a $3 billion loan to fund a new data center project in Australia. The deal underscores the capital-intens…
JPMorgan raised its price target on Broadcom stock to $580, implying over 46% upside, citing the company's dominance in AI chips and accelerating AI revenue growth past 200% year-over-year. The bank r…
Canada Pension Plan Investment Board (CPP Investments) committed up to ₹70 billion ($741 million) to Indian data center operator CtrlS, acquiring an 8.2% stake and forming a joint venture to develop h…
Factory AI, a San Francisco startup building autonomous AI agents for software development, raised $150 million in Series C funding at a $1.5 billion valuation. Khosla Ventures led the round, with par…
Factory CEO Matan Grinberg bought each of his first 30 employees a $3,000 Eight Sleep mattress cover to improve their sleep and cognitive performance, comparing the need for rest to that of profession…
Senator Elizabeth Warren is demanding transparency on private equity acquisitions of utility companies, warning that AI data center electricity demand could burden consumers. She flagged specific deal…
Apollo Global Management and Blackstone invested $35 billion in Anthropic to boost its AI development capabilities and competitive position amid the intensifying U.S.-China technology race. Market pri…
Roughly 90 venture capital firms and money managers hold stakes in both OpenAI and Anthropic, creating a 42% overlap in OpenAI's investor base as the two AI rivals race toward public listings. Anthrop…
AirTrunk, a hyperscale data center operator backed by Blackstone and CPPIB, announced plans to invest approximately $30 billion in Indian data centers by 2030, targeting the construction of over 5 gig…
AirTrunk, a Blackstone-backed hyperscale data center operator, announced it will invest over $30 billion in India by 2030 to build more than 5 gigawatts of AI-ready data center capacity across multipl…
Blackstone-backed AirTrunk plans to invest $30 billion in India by 2030, building 5 gigawatts of data centre capacity across multiple states. The announcement comes six weeks after AirTrunk entered th…
Blackstone-backed data center operator AirTrunk announced Thursday it will invest $30 billion in India by 2030 to develop 5 gigawatts of new data center capacity, one of the largest commitments to the…
Walbridge, OpenAI, Oracle and partners broke ground this week on the $16 billion Stargate data center campus in Saline Township, Michigan, marking what Oracle and Related Digital call the largest sing…
Data security startup Cyera is finalizing a funding round of at least $300 million led by Evolution Equity Partners at a $12 billion valuation, according to sources familiar with the deal. The company…
Anthropic released Claude Opus 4.8, which independent benchmarks show as an incremental improvement with mixed results — better efficiency and less over-agentic behavior in coding, but regressions in …
Apollo Global Management and Blackstone are competing to raise $36 billion to acquire chips from Google for use by Anthropic, the AI startup backed by Google. The deal would provide Anthropic with cri…
Apollo Global Management and Blackstone are arranging approximately $36 billion in debt to purchase custom Google TPU chips for Anthropic, with the hardware leased back to the AI company rather than p…
Apollo Global Management and Blackstone are working on a $36 billion debt financing deal for artificial intelligence company Anthropic, according to Bloomberg News. The potential transaction would pro…