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SpaceX secured a new AI compute hosting deal worth approximately $13 billion in annual recurring revenue. Driven by explosive compute demand, the expansion highlights strong operational ties and prio…
HIVE Digital appointed Mark Volk as Senior Vice President of Revenue at BUZZ HPC to drive its AI cloud expansion. BUZZ HPC has secured over $600 million in GPU cloud contracts year-to-date, as HIVE p…
Oracle posted strong Q1 results and lifted full-year guidance, fueled by surging AI cloud infrastructure demand. The company secured over $30 billion in new AI contracts and expanded data center capa…
Morgan Stanley lifted its price target on Oracle, sparking a 5% rally and lifting CoreWeave 3%. The move validates ongoing aggressive AI cloud infrastructure spending and massive GPU demand, improvin…
Microsoft is expanding its AI infrastructure through massive data-center leases while maintaining robust Azure growth. However, analysts warn that high pricing for Project Helix could temper upgrade …
CoreWeave's surging capex outlook of up to $39 billion underscores robust demand for Nvidia's AI infrastructure, despite CoreWeave's widening losses and debt. Hyperscalers like Microsoft Azure contin…
Nvidia agreed to acquire open AI platform Hugging Face for $12.93 billion and deepened its custom AI chip partnership with MediaTek. Concurrently, Anthropic signed a $35 billion cloud deal with Nvidi…
Oracle shares tumbled 5.2% following a TD Cowen price-target cut, high AI infrastructure costs, and permitting delays on its Project Jupiter data center. Broader equity markets also declined amid ris…
Nvidia faces increased scrutiny over circular financing after Anthropic signed a $35 billion cloud computing deal with Nvidia-backed Lambda, utilizing an Nvidia-leased data center. While the strategy…
IREN reported a $684 million net loss driven primarily by $450 million in Bitcoin miner write-downs as it transitions power capacity to AI cloud infrastructure. The company holds $4 billion in contra…
Nebius posted surging revenue with multi-billion-dollar deals from anchor clients Microsoft and Meta, while IREN expanded AI Cloud deployments for Microsoft. Both firms highlight aggressive data cent…
Marvell Technology expanded its custom-chip partnership with Alphabet, allowing Google to purchase $12.20 billion worth of Marvell shares. The agreement focuses on Google's Tensor Processing Unit AI …
Marvell Technology prepares to report earnings, with Wall Street focusing on its custom chip partnership with Google. The commercial agreement covers Google's Tensor Processing Units (TPUs) and custo…
Nebius Group reported a 454% surge in Q2 revenue driven by massive demand for Nvidia Blackwell GPU cloud infrastructure. Despite high capex and debt, the firm's capacity auctions and multi-year backl…
Microsoft's Azure revenue surged 43% alongside new AI data center launches and major client wins like Meta. Despite regulatory hurdles in China and Australia, chip supply questions, and workforce res…
Nebius Group plans to raise $4.5 billion via private convertible notes to fund data center expansion and GPU acquisitions. The move highlights sustained massive infrastructure spending across the AI …
HIVE Digital Technologies announced a five-year, $350 million enterprise contract utilizing 2,016 Nvidia GB300 chips, advancing its pivot into AI cloud computing. Despite a $142.9 million quarterly n…
Baidu's Q2 revenue fell 4% year-over-year to RMB 31.3 billion as advertising faced AI search transition headwinds. However, AI cloud infrastructure revenue jumped 50%, GPU cloud grew 283%, and Apollo…
Nebius and CoreWeave posted explosive revenue growth in AI cloud infrastructure. While CoreWeave's net losses widened due to heavy debt servicing, Nebius achieved positive adjusted EBITDA, $2.3 billi…
HIVE Digital signed a five-year, $350 million GPU cloud services contract, deploying 2,016 NVIDIA Blackwell Ultra GPUs. The deal boosts BUZZ HPC's annualized contracted revenue toward $180 million, r…