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Ciena reported blowout Q3 earnings with revenue up 37% to $1.67 billion and backlog surging to $8.5 billion. Skyrocketing demand from hyperscalers connecting data centers for distributed AI training …
Netskope posted strong Q2 results, with ARR surging 27% to $899 million and raised full-year guidance fueled by AI security demand. However, free cash flow remained negative at $29.8 million, roughly…
Cerebras reported strong revenue growth driven by rapid AI cloud adoption and large customer contracts. Crucially, the company expanded partnerships with AMD to pair GPU prefill with Cerebras decodin…
Oracle beat Q1 earnings estimates as revenue grew 30% to $19.3 billion, propelled by a 121% surge in cloud infrastructure sales. The company booked over $30 billion in new AI cloud contracts, signali…
Oracle posted strong Q1 earnings, driven by a 121% surge in cloud infrastructure revenue and over $30 billion in new AI bookings. Management highlighted that AI training and inferencing demand contin…
Oracle shares advanced after the company reported first-quarter financial results that helped ease market concerns over its reliance on OpenAI for cloud infrastructure expansion.
Microsoft plans to expand its global data-center footprint from 12 GW to over 38 GW by 2032. The move responds to severe server shortages and surging AI demand, which previously forced the company to…
US stock indexes climbed higher as declining oil prices and solid cloud earnings outweighed CPI data and rising rate hike expectations. Megacap tech equities led gains, with Alphabet rising over 1% a…
Oracle posted stronger-than-expected fiscal first-quarter earnings and revenue, driven by triple-digit acceleration in cloud infrastructure growth. The results underscore surging enterprise demand fo…
Oracle shares jumped over 6% in extended trading after delivering record fiscal first-quarter earnings and upbeat guidance. Cloud infrastructure revenue doubled to $7.4 billion, driven by surging AI …
Google Public Sector partnered with Morgan State University to build an AI research campus using Google Cloud and Nvidia infrastructure. The initiative aims to advance AI research and workforce train…
Google Public Sector is partnering with Morgan State University to build an AI-focused research campus powered by Google Cloud and Nvidia GPUs. The initiative expands Google's tools into academic res…
Rackspace Technology launched the Institutional Sovereign Pod, integrating Nvidia's Blackwell chips with Palantir's AI software for regulated and sovereign enterprise deployments. Rackspace also join…
AI data center developers are turning to industrial package boilers and steam turbines to circumvent multi-year gas turbine backlogs. With lead times under a year, this alternative generation setup h…
South Korea is nearing a $100B-plus U.S. energy deal to finance up to eight nuclear power plants and natural gas projects to support expanding AI infrastructure, stemming from bilateral trade commitm…
Business AI adoption stalled in August, rising only 0.4% according to Ramp spending data. Top firms saw spending per employee decline nearly 10% amid lower token costs and cheaper model usage, raisin…
Hewlett Packard Enterprise reported strong Q3 results with revenue jumping 34% year-over-year to $12.2 billion, fueled by booming AI server and networking demand. Surging order backlogs and expanding…
Analysts argue rising Treasury yields reflect heavy AI CapEx rather than macro distress. Negative free cash flow at Alphabet and Amazon is viewed as a bullish signal mirroring early cloud buildouts, …
Harbor Capital's investor letter highlighted Hewlett Packard Enterprise's strong performance fueled by surging AI server demand and its Juniper Networks integration. The broader market experienced ro…
Oracle's cloud infrastructure backlog surged to $638 billion, driven by massive demand for AI data centers. While rising capital expenditures and debt pressure near-term earnings, long-term revenue a…