Microsoft's Azure cloud platform surpassed $100 billion in annual revenue for the first time, driven by 40% year-over-year growth in Azure and related cloud services, with the overall Microsoft Cloud …
Microsoft reported fiscal Q3 2026 revenue of $82.9 billion, beating the $81.4 billion consensus, and earnings per share of $4.27 versus the $4.06 estimate, driven by its AI business reaching an annual…
Koch Real Estate Investments is exploring a sale of data center developer Edged that could value the company at roughly $15 billion, as surging AI infrastructure demand drives private equity interest …
Nvidia is the mystery tenant behind Hut 8's two 15-year leases at the Beacon Point data center campus in Texas, a deal that could be worth up to $50bn over its full life, the Financial Times reported …
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…
Celestica raised its full-year 2026 revenue guidance to $20.5 billion from $19.0 billion and adjusted EPS to $11.30 from $10.15, driven by over 50% year-over-year revenue growth from AI infrastructure…
Crypto stocks rallied Monday as capital rotated away from AI infrastructure plays, with Strategy, BitMine Immersion Technologies, and SharpLink Gaming posting gains of roughly 3%, 7%, and 5% respectiv…
Nvidia signed letters of intent with South Korea's SK Group on July 25, 2026, for a collaboration valued at over $500 billion covering AI data centers, memory chip supply, and next-generation computin…
AI infrastructure company IREN has signed $2.8 billion in new multi-year AI cloud contracts, raising its year-end AI cloud annualized run-rate revenue target from $3.7 billion to more than $4 billion.…
IREN has signed $2.8 billion in new multi-year AI cloud services contracts with Microsoft, Nvidia, Perplexity and Figure AI, pushing its year-end 2026 AI cloud revenue target from $3.7 billion to over…
IREN said on July 20 that $2.8 billion in new multi-year AI cloud contracts lifted its year-end 2026 annualized run-rate revenue target from $3.7 billion to more than $4 billion, with about 85% of the…
IREN raised its year-end 2026 AI Cloud revenue target from $3.7 billion to more than $4 billion after signing $2.8 billion in new multi-year contracts with customers including Microsoft and Nvidia, wi…
Bitcoin miners Hut 8 and IREN have locked in multi-billion-dollar AI infrastructure contracts, with Hut 8's stock surging nearly 30% after announcing a 15-year lease valued at $9.8 billion at its Beac…
IREN has raised its AI cloud revenue target, while Hut 8 has secured a $9.8 billion deal, according to the companies.…
IREN announced $2.8 billion in new AI cloud contracts with eight customers including Perplexity, Figure AI, and Together AI, lifting its year-end 2026 AI Cloud annualized run-rate revenue target from …
Australian Prime Minister Anthony Albanese on July 16 announced the 'Australian Standards for AI,' a mandatory national framework that will require large-scale data centers to underwrite new power gen…
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…
Australia Prime Minister Anthony Albanese announced binding national standards for data centers on July 15, requiring large facilities to offset energy consumption with renewables, reduce water use, a…
Data-center developers are repurposing former Bitcoin mining facilities for AI workloads, capitalizing on existing power infrastructure to meet surging demand. AiOnX closed a $500 million deal on June…
Vertiv Holdings and Bloom Energy reported strong quarterly results, with Vertiv's revenue up 30% to $2.65 billion and Bloom's revenue surging 130% to $751 million, as AI infrastructure spending shifts…