Alphabet is expanding its Tensor Processing Unit (TPU) business through a $5 billion joint venture with Blackstone to build 500 MW of TPU compute capacity by 2027, as Google Cloud revenue is projected…
Blackstone plans to invest roughly $30 billion in AI data centres in Japan over the next three to five years, betting on demand despite warnings of overcapacity. The firm's president Jonathan Gray arg…
City law firm Shoosmiths launched a generative AI tool built with Microsoft to assist junior lawyers in reviewing contracts. The tool, known as Project Apollo, is trained on insights from Shoosmiths l…
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…
Anthropic cannot sell its latest AI model due to new US export controls, but the company may bypass restrictions by packaging the model for enterprise clients and joint ventures rather than selling it…
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…