Artificial intelligence (AI) cloud startup Lambda said Tuesday (Aug. 19) that it has closed a $275 million senior secured credit facility, led and arranged by...
Wall Street investment giants are reportedly purchasing utilities amid the ongoing AI boom. The goal, as The New York Times (NYT) reported Thursday (July 17), is to...
CoreWeave is acquiring data center infrastructure provider Core Scientific in a $9 billion deal. The artificial intelligence (AI) company announced the deal Monday (July 7), saying it helped it “verticalize its...
Investment group Norrsken VC has pledged $348 million to AI startups focused on climate change. The venture capital firm, started by Klarna co-founder Niklas Adalberth,...
The everything consumer requires an everything retailer, and that’s the pole position that retail giants Amazon and Walmart have been battling for over the past...
Nvidia CEO Jensen Huang said Wednesday (June 11) that Anthropic CEO’s prediction of artificial intelligence (AI) destroying half of entry level white collar jobs “doesn’t...
OpenAI and Google reportedly finalized a deal in which OpenAI will tap Google’s cloud service for additional computing capacity to train and run its artificial intelligence...
Amazon is investing at least $20 billion in Pennsylvania to expand its data center infrastructure. The new investment, announced Monday (June 9), is aimed at bolstering the tech...
Saudi Arabia and the United Arab Emirates (UAE) are locked in a high-stakes race to be the main artificial intelligence (AI) tech hub in the...