President Donald Trump said Tuesday (Aug. 26) that Meta plans to spend $50 billion on the Hyperion data center it is building in Louisiana. Trump...
Credit investors are reportedly pumping billions into artificial intelligence (AI) efforts amid concerns about an industry bubble. For example, there is a $22 billion-plus loan...
OpenAI could someday let other businesses tap into data centers needed for artificial intelligence (AI). That’s according to a report Wednesday (Aug. 21) from Bloomberg News, citing an...
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...