Google (GOOGL) Backs $7B Hut 8 AI Lease, Rebounds on Cloud Infrastructure Expansion
Google backs Hut 8’s $7 billion AI data center lease, signaling cloud providers' urgent push into AI infrastructure amid crypto miners pivoting for long-term growth.
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Recently added · Page 1Google (GOOGL) Strongly Backs $7B Hut 8 AI Data Center Deal Amid Cloud Capacity Race
Google supports Hut 8's $7B AI data center lease as crypto miners reposition for AI infrastructure, indicating strong cloud sector growth.
Microsoft (MSFT) Soars on Non-Binding OpenAI Deal Enabling Restructuring
Microsoft and OpenAI signed a non-binding deal to reset commercial terms, enabling OpenAI's move toward a for-profit structure and possible IPO. Key details on ownership and exclusivity were not disc…
Microsoft (MSFT) Tumbles on Azure Mandatory MFA Phase 2 Announcement
Microsoft announces Azure will require mandatory multifactor authentication Phase 2 starting October 2025, triggering a near 2.2% stock decline.