General Compute, an AI inference cloud startup, has secured a $400 million loan from Upper90, marking what may be the first deal to use inference-specific chips as collateral. The financing signals gr…
Applied Digital Corporation, formerly Applied Blockchain, has crossed 1 GW of contracted critical IT load capacity across its AI data center campuses, with $11 billion in contracted lease revenue from…
Ed Zitron, an AI critic, warns that OpenAI's potential collapse could mirror Lehman Brothers' 2008 downfall, devastating the broader tech market. Zitron argues OpenAI's dominance sustains the AI frenz…
Meta is reportedly launching Meta Compute, a cloud service offering hosted Llama model APIs and raw GPU rental, directly competing with AWS, Azure, and Google Cloud. Bloomberg reported the plans on Ju…
OpenAI has become one of the largest liabilities in recent economic history, with plans to burn over $852 billion by the end of 2030, according to the Where's Your Ed At newsletter. The AI bubble is d…
Bernstein analyst Gautam Chhugani warns that headline return figures for bitcoin miners pivoting into AI colocation can be misleading, citing Core Scientific's 12-year, $10 billion deal with CoreWeave…
CoreWeave, the AI cloud infrastructure company listed on NASDAQ as CRWV, is exploring put options on memory-chip stocks to hedge against the risk that DRAM and storage chip prices fall below levels it…
Cloudera and Vast Data have partnered to offer a unified AI factory solution that combines Cloudera's containerized data services with Vast's AI Operating System to eliminate GPU starvation and improv…
CoreWeave is exploring financial derivatives to hedge against a potential drop in memory chip prices, which have roughly doubled this year, according to a Reuters report citing a person familiar with …
AI cloud provider CoreWeave is exploring financial derivatives, including put options, to hedge against a potential decline in memory and storage chip prices, according to a person familiar with the m…
AI cloud company CoreWeave is exploring Wall Street hedging strategies to manage price risk for memory chips, according to a Reuters report. The move aims to stabilize costs amid volatile demand for c…
CoreWeave signed long-term cloud contracts with Microsoft and OpenAI through 2030 without hedging against memory chip prices, and DRAM prices have since tripled, squeezing margins to roughly 1% on nea…
CoreWeave, the AI-focused cloud infrastructure company that went public in March 2025, is evaluating financial derivatives such as futures contracts to hedge against declining memory and storage chip …
Meta Platforms is launching an internal division called 'Meta Compute' to monetize surplus AI infrastructure by offering raw compute power and hosted AI models to external developers, a move that sent…
Reflection AI, the open-source frontier lab founded by former Google DeepMind researchers Misha Laskin and Ioannis Antonoglou, has signed a multi-year computing agreement with Nebius worth more than $…
GMI Cloud is seeking a NT$20.45 billion ($635 million) loan from Taiwanese banks, backed by customer contracts for GPU capacity rather than equity, with a five-year term loan tranche of NT$13.9 billio…
Galaxy Digital appointed former Xerox CEO Steven Bandrowczak as an independent director, bringing large-scale technology infrastructure experience to the firm as it transforms its Helios campus in Wes…
GMI Cloud, a GPU cloud provider operating over 30,000 Nvidia H100, H200, and Blackwell chips in US data centers, is seeking $635 million in GPU-backed financing with Nvidia's reported support. The dea…
A VentureBeat Research survey of 573 technical leaders at companies with 100+ employees found that 86% of enterprises operating their own GPUs run those chips at 50% utilization or less, revealing a w…
Google Cloud, Amazon Web Services, Alibaba Cloud, Microsoft, Oracle, and Huawei Cloud were named Leaders in Gartner's first-ever Magic Quadrant for cloud AI infrastructure, with Google Cloud ranking h…