Core Scientific has signed a deal with AMD to provide up to 2.5 gigawatts of data center capacity for AMD's AI systems, marking a major pivot from bitcoin mining to AI infrastructure. The agreement, a…
Core Scientific announced a strategic partnership with AMD on July 28, giving AMD access to over 2.5 gigawatts of data center capacity across Core Scientific's US facilities, with an initial 500 megaw…
Nvidia has poured over $40 billion into AI infrastructure commitments in 2026, including a $2 billion additional stake in GPU buyer CoreWeave, fueling debate over whether demand is organic or artifici…
CoreWeave will lease capacity at EdgeConneX's $1.4 billion Cedar Creek data center campus in Bastrop County, Texas, becoming the anchor tenant for the first building, a $440 million, 578,000-square-fo…
Nvidia is financially backing massive data center projects, including a $500 billion campus in Ohio, with roughly $600 billion in total financing tied to OpenAI and SoftBank's plans, a strategy dubbed…
Nvidia's Vera Rubin platform, now in full production and shipping to cloud operators, delivers up to 10x the throughput for agentic AI workloads per unit of energy compared to the previous Blackwell g…
Wall Street is financing a $7 trillion to $7.5 trillion AI infrastructure buildout over five years, with debt covering about 75% of the funding, according to McKinsey and JPMorgan estimates. Microsoft…
Bloomberg published an interactive guide revealing circular financing in the AI industry, where chip makers, cloud providers, and AI developers engage in deals that see investors fund companies contra…
The cost of insuring Nvidia's debt against default surged to a record high, with its 5-year credit default swap spreads widening to 57.25 basis points from roughly 42 basis points in late June, driven…
Nvidia's $750 billion AI financing web, including a potential $250 billion guarantee for an OpenAI data center project, is drawing scrutiny over circular money flows where the chipmaker invests in AI …
Moody's issued a sector-wide credit warning on July 24, projecting that combined AI capital spending by six tech giants—Microsoft, Amazon, Alphabet, Meta, Oracle, and CoreWeave—will reach $785 billion…
AI data-center debt has surpassed $500 billion, with $200 billion in private credit funds and $334 billion in 2026 issuance alone, but the risk resembles the 2001 telecom overbuild rather than the 200…
Nvidia's Vera Rubin NVL72 delivers 5.4x performance per megawatt and 5x performance per dollar over GB200 NVL72 on DeepSeek R1 inference, according to early engineering samples from CoreWeave. The sec…
Alphabet Inc. reported second-quarter earnings of $2.85 per share, missing the $2.89 analyst estimate, while revenue jumped 24% to $119.8 billion, beating the $116.93 billion forecast. The company's s…
OpenAI has raised its projected compute spending through 2030 to $750 billion, up from roughly $600 billion earlier this year, according to The Wall Street Journal. CFO Sarah Friar has privately warne…
OpenAI is accelerating its Stargate AI infrastructure initiative, targeting $500 billion in investment over four years, with a $16 billion campus groundbreaking in Saline Township, Michigan in June 20…
CoreWeave CFO Nitin Agrawal sold approximately $5.96 million in Class A common stock after restricted stock units vested around June 12, a routine post-IPO liquidity move that has drawn investor atten…
PolarDC, a Norwegian data center operator launched by the Lian Group and controlled by H.I.G. Infrastructure, closed an €800 million ($930 million) senior secured bond deal in late May, the largest hi…
Nvidia is helping neoclouds like GMI Cloud secure financing for GPU purchases by offering an insurance-like product that covers customer defaults, enabling GMI to commit $500 million to expand AI infr…
CoreWeave announced that its NVIDIA Vera Rubin NVL72 system delivers 10x more tokens per second per megawatt than the NVIDIA GB200 NVL72 on the DeepSeek R1 reasoning model at matched interactivity tar…