Blue Owl is preparing to sell Stack Infrastructure's Asia-Pacific data center business for about $30 billion, with BlackRock's Global Infrastructure Partners, Macquarie, and IFM Investors as likely bi…
SpaceX, with $100.8 billion in cash, is issuing at least $20 billion in bonds to replace a short-term bridge loan used to acquire xAI, despite negative free cash flow of $14.1 billion last year. The m…
Tech stocks tumbled Tuesday, with the Nasdaq Composite falling nearly 2%, as a global sell-off in chipmakers sparked fears of an AI bubble burst. Major semiconductor companies like Samsung, SK Hynix, …
Federal Reserve Chair Kevin Warsh held rates steady at the June 17 FOMC meeting and dropped forward guidance, forcing markets to price risk independently. The 2-year Treasury yield rose sharply, and t…
Leaked audited financials show OpenAI lost $20.92 billion on $13 billion in revenue in 2025, with losses projected to reach $63 billion by 2027. The real beneficiaries are Microsoft and Nvidia, which …
Foxconn Chairman Young Liu estimated that building a 1-gigawatt AI datacenter using NVIDIA's Vera Rubin architecture could cost up to $47 billion, with 3,557 racks at $9.1 million each and an annual e…
Big Tech companies including Nvidia, Meta, Oracle, Alphabet, and Amazon are issuing record levels of debt to fund AI infrastructure buildouts, with Morgan Stanley projecting AI-linked global debt issu…
Morgan Stanley Research estimates global data center capital expenditure will reach approximately $2.9 trillion between 2025 and 2028, with a $1.5 trillion financing gap expected to be filled largely …
NatWest CEO Paul Thwaite said artificial intelligence will take over some existing banking roles, according to remarks reported by The Times on June 19, 2026. Thwaite made the comment at a business su…
OpenAI confidentially filed an S-1 with the SEC on May 22, 2026, targeting a public debut as soon as Q4 2026, with Goldman Sachs and Morgan Stanley leading the IPO. The company, generating $2 billion …
SpaceX's bankers are preparing to meet investors as early as next week to discuss a bond offering of at least $20 billion, the first investment-grade dollar bond issuance for Elon Musk's company, whic…
Ford launched Ford Energy, a $2 billion subsidiary to manufacture grid-scale battery storage systems for AI data centers and utilities, repurposing a Kentucky plant originally built for EV batteries. …
Apple CEO Tim Cook confirmed that price increases across iPhones, MacBooks, and iPads are unavoidable due to surging memory costs driven by AI data center demand. Memory and storage costs for the iPho…
The [un]CFO of Unconventional AI, a role created by CEO Naveen Rao, describes building the company's finance, investor strategy, and operations from scratch. The team grew from 14 people to raising $5…
Goldman Sachs initiated coverage of Talen Energy with a Buy rating and $499 price target, citing nuclear power demand from AI and data centers. The stock trades near $406, implying 23% upside, with 14…
JPMorgan Chase has blocked its Hong Kong staff from using Anthropic's Claude AI model due to licensing terms, following a similar move by Goldman Sachs. The restriction highlights how geopolitical ten…
Arcade.dev raised $60 million in Series A funding led by SYN Ventures, with participation from Morgan Stanley and Wipro, to develop an authorization layer that controls what enterprise AI agents are a…
LTX announced agentic capabilities for its BondGPT application, enabling user-created AI agents to monitor real-time market conditions and take predefined trading actions including generating alerts, …
Kingboard Holdings plans to raise HK$11.77 billion (US$1.5 billion) by selling a stake in its subsidiary Kingboard Laminates Holdings to expand production capacity for circuit boards used in AI server…
Indian workers in Tamil Nadu are recording first-person videos of household chores using head-mounted smartphones to train AI systems for robots, earning about 250 rupees ($2.6) per hour. Data firm Ob…