Perplexity is hiring a Member of Technical Staff (Software Engineer, GPU Cluster Infrastructure) in San Francisco with a salary range of $250k–485k/yr, to build a self-serve compute platform for its G…
SpaceXAI spent $18.37 billion in capital expenditures in Q2 2026, with $15.83 billion on AI, nearly 40% of Microsoft's total capex. The company's operating cash flow covers only 12% of its capex, comp…
CoreWeave's stock rose 8.77% to $93.28 on Tuesday after the AI cloud infrastructure company announced its first Asia-Pacific expansion with three data centers in Indonesia totaling 360 megawatts of co…
SpaceX's AI revenue grew more than three times to $2.6 billion in the quarter, surpassing its space segment's $962 million, according to its first earnings since its June IPO. The AI division lost $1.…
Volta Infra, a seven-month-old startup, announced a $10 billion contract to supply cloud computing for an unnamed AI company and a $2.4 billion valuation, partnering with Bitdeer Technologies to deliv…
Galaxy Digital will report its second-quarter 2026 financial results on August 5, with a webcast at 8:30 a.m. ET, as the crypto firm expands into data centers with a 500-acre campus in McGregor, Texas…
VDURA has partnered with Wasabi to offer its customers low-cost cloud storage for aging AI data, avoiding egress and API charges associated with Amazon cloud storage. The alliance targets AI factories…
Backblaze reported Q2 2026 revenue of $47.2 million, up 18% year-over-year, beating its high-end guidance of $40.2 million, and narrowed its GAAP net loss to -$5.1 million from -$7.1 million a year ag…
CoreWeave (CRWV) and Sandisk (SNDK) lost 67% of their situational awareness, demonstrating how leverage turned an AI bet into a fire sale, according to a Yahoo Finance report. The report highlights th…
CoreWeave is opening its first data centers in Indonesia, marking the company's debut in the Asian market. The AI cloud company, which reported revenues of $2.1 billion in Q1 2026 and a revenue backlo…
Iranian drone strikes hit three Amazon Web Services data centers in the UAE and Bahrain starting March 1, 2026, causing structural damage and service disruptions in the first confirmed deliberate targ…
Morgan Stanley raised its forecast for global hyperscaler capital expenditures to roughly $1.2 trillion by 2027, up from an earlier estimate of $1.116 trillion, with 75% of spending driven by AI infra…
Loan investors are pushing back against borrower-friendly terms, widening credit spreads and delaying debt deals, which signals higher borrowing costs for private equity and AI firms. UBS models show …
Nvidia has launched Vera, its first fully-custom CPU, challenging Intel and AMD's dominance in the datacenter CPU market. The chip features 88 custom Armv9.2 cores, 176 threads, and support for up to …
Nscale, the British AI cloud company valued at $14.6 billion, agreed on July 30 to acquire Anyscale, the company behind the Ray distributed computing framework, for $1.65 billion. The acquisition, the…
Citadel, the hedge fund led by Ken Griffin, acquired the bulk of a $16 billion public equities portfolio from AI-focused hedge fund Situational Awareness on July 30, 2026, after margin calls threatene…
Leopold Aschenbrenner, founder of hedge fund Situational Awareness, is marrying Avital Balwit, chief of staff to Anthropic CEO Dario Amodei, in Carmel, California, days after his fund nearly collapsed…
Leopold Aschenbrenner's forced sale of his hedge fund Situational Awareness's public equity portfolio, purchased by Citadel, triggered a rebound in AI-linked stocks like SanDisk, Bloom Energy, and Cor…
Citadel, led by Ken Griffin, has acquired the bulk of Situational Awareness' public equity portfolio after the AI-focused hedge fund suffered steep losses during July's AI stock downturn. The portfoli…
Leopold Aschenbrenner's AI-focused hedge fund, Situational Awareness, sold most of its public-stock portfolio to Ken Griffin's Citadel after a 67% July loss erased much of its 2026 gains, according to…