Companies building artificial intelligence infrastructure will increasingly seek financing from private credit, Jean Boivin, head of the BlackRock Investment Institute, said Tuesday (July 7). Speaking...
Nscale, a full-stack artificial intelligence cloud platform, has closed a $900 million revolving credit facility to accelerate its AI data center build-out and capital deployment...
OpenAI has reportedly fallen short of its internal goals for new users and revenue. That’s according to a report late Monday (April 27) from the...
Almost 40% of U.S. data center projects are at risk of falling behind schedule, the Financial Times reported Thursday (April 16), citing data from satellite and...
Allbirds made a name for itself with its shoes fashioned from merino wool. Now, it wants to be known as an AI company. The retailer announced that pivot...
Alternative asset manager Blackstone is considering a $2 billion initial public offering (IPO) for an acquisition company that would buy data centers, Bloomberg reported Friday...
After Microsoft paused some development of data centers in spring 2025, the company was surprised to see the demand for artificial intelligence services race past...
Amazon will invest $12 billion in data center campuses in Louisiana that will support its artificial intelligence (AI) and cloud computing technologies, the company said...