George Sivulka, CEO of AI platform Hebbia, argued that well-managed AI agents can cost $4 to $7,000 per hour, compared to roughly $80 per hour for human engineers, making token management the new comp…
Switch, the Las Vegas-based data center operator, is preparing for an initial public offering that could value the company at up to $80B, according to sources familiar with the matter. The company has…
Securitize, a tokenization infrastructure firm, went public via a SPAC merger and now trades on the NYSE under SECZ, with BlackRock as its key partner for the BUIDL fund. The company sits at the cente…
KKR and SK Inc. launched a $1.3 billion renewable energy platform in South Korea, with KKR taking a 51% stake and management control. The platform starts with 1.7 GW of operating capacity and targets …
Helix Digital Infrastructure launched on June 11 with over $10 billion in committed capital from KKR, NVIDIA, the Kuwait Investment Authority, and Vistra, led by former AWS CEO Adam Selipsky, to acqui…
Attorney Bill Savitt has defeated Elon Musk in two high-profile legal battles, first representing Twitter in Musk's attempt to back out of the acquisition and then representing Sam Altman and OpenAI i…
SoftBank Group is in talks to invest in Tokyo Electric Power Company Holdings (TEPCO), Japan's largest utility, to secure stable electricity for its AI data center expansion. The conglomerate, which h…
KKR launched Helix Digital Infrastructure on June 10 with over $10 billion in capital commitments from KKR, Kuwait Investment Authority, NVIDIA, and Vistra to build AI infrastructure. Former AWS CEO A…
The Clorox Building, a landmark Oakland office tower, has been foreclosed after its owners, KKR and TMG Partners, returned the property to lender Heitman Capital Management. The foreclosure, valued at…
KKR launched Helix Digital Infrastructure on June 11 with over $10 billion in backing from KKR, Kuwait Investment Authority, Nvidia, and Vistra to address AI's power bottleneck. Vistra, a major US pow…
KKR launched Helix Digital Infrastructure, a new platform backed by more than $10 billion in capital commitments, and named former Amazon Web Services CEO Adam Selipsky as co-founder and CEO. The vent…
KKR is exploring strategies to overcome a major bottleneck in AI infrastructure, potentially involving significant investments in data centers and energy resources. The move highlights the growing dem…
KKR, the Kuwait Investment Authority, Nvidia, and Vistra have launched Helix Digital Infrastructure with more than $10 billion in capital commitments to finance AI data centers, power, and connectivit…
KKR has raised $10 billion to invest in AI hyperscalers, signaling a major push into the artificial intelligence infrastructure sector. The private equity firm aims to capitalize on the growing demand…
Switch, the Las Vegas-based data center operator taken private for $11B in 2022, is in talks to raise billions in fresh capital at a valuation exceeding $50B, driven by surging demand for AI infrastru…
Data-centre developer Switch is in talks to raise billions of dollars at a valuation of at least $50bn, capitalizing on surging demand for AI infrastructure. Brookfield Asset Management, KKR, and othe…