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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…
IREN CEO Dan Roberts clarified that the projected $25–$30 billion FY27 capex will not rely heavily on equity dilution, relying instead on customer prepayments and GPU debt financing. The company note…
IREN shares experienced significant volatility, surging 6% before returning to unchanged, after Microsoft accepted their first data center (Horizon 1), triggering initial billings on their $9.7 billi…
Chevron posted its strongest revenue in four years, boosted by higher oil prices, record refinery output, and limited Middle East exposure. It also expanded AI infrastructure ties via a 20-year Micro…
Chevron benefits from U.S.-Iran tensions pushing Brent above $90/barrel, boosting near-term earnings outlook. Diversification into Iraqi oilfields and Microsoft AI data center power deal signal strat…
Microsoft has officially declared its support for a new data center energy bill, signaling the company's commitment to securing the infrastructure necessary for its expanding cloud and AI operations.
Microsoft loses a Texas data center rental deal to Oracle and OpenAI, indicating limited immediate impact on its core business operations.
Microsoft is negotiating to lease a major Texas data center after Oracle exited the deal, signaling expansion in its cloud infrastructure.
Microsoft launches measures to curb data-center power costs amid AI infrastructure growth, reflecting rising regulatory scrutiny and investment in sustainable AI expansion.
Microsoft plans major changes to its data center operations to reduce electricity costs following a call from President Trump, aligning with its sustainability goals and possibly impacting near-term …
Microsoft plans a new large data center in Michigan, doubling AI infrastructure with $80B investment for fiscal 2026, highlighting strong long-term growth demand in cloud and AI sectors despite early…
Microsoft confirmed its data center project near Grand Rapids, addressing local environmental concerns. The $1 billion investment aims to double its data center footprint within two years due to risi…
NVIDIA, a leader in GPUs and AI-driven computing, is strongly positioned for long-term growth fueled by AI, data centers, and generative technologies, supported by founder-led leadership and robust m…
Microsoft's stock rises amid strong gains this year despite EU antitrust probe. New eco-friendly data center boosts AI and cloud service demand outlook.
Microsoft plans to invest up to $10bn in Start Campus’s Sines data center project, enhancing cloud infrastructure and capacity expansion.
Microsoft is investing $10 billion in a new AI-focused data center in Portugal, enhancing its cloud and AI infrastructure in Europe, with Nvidia as a key customer. The multi-year project aims to boos…
Google commits $6.4B to expand AI and cloud data centers in Germany over four years, while Microsoft and Nvidia also invest heavily in European AI infrastructure, reflecting a broader race to build l…
BlackRock, Nvidia, Microsoft, and xAI agreed on a $40B data-center deal, boosting valuations above bitcoin miners and highlighting AI-driven infrastructure growth, benefiting MSFT and NVDA. Coinbase …
Nvidia shares rise on HSBC upgrade and $40B data center acquisition with Microsoft and others, boosted by easing China trade tensions and expanding AI chip markets.
UK data center start-up NSCALE secured a $14 billion deal with Microsoft, boosting its IPO prospects and reflecting confidence in Microsoft’s cloud infrastructure expansion.