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Anthropic Nears Profitability, Secures SpaceX Computing Deal
TechnologyReutersbloombergFT+3Business Insiderchannel-news-asiaseeking-alpha2h ago6 sources

Anthropic Nears Profitability, Secures SpaceX Computing Deal

AI startup Anthropic is reportedly on track for its first profitable quarter, driven by surging revenue. The company has also secured a significant deal with SpaceX, agreeing to pay $1.25 billion monthly for computing power to support its AI infrastructure.

Google and Blackstone Partner for $25 Billion AI Cloud Venture
TechnologyReutersbloombergwsj+14FTcnbcder-standarddie-pressemarketwatchBusiness InsiderYahoocapital-bg+6 more1d ago17 sources

Google and Blackstone Partner for $25 Billion AI Cloud Venture

Google and investment firm Blackstone are partnering to launch a new AI cloud venture, with Blackstone committing $5 billion to the initiative. The collaboration aims to build AI data centers powered by Google's TPU chips to meet the surging demand for artificial intelligence infrastructure.

Energy Stocks Recommended Amid Rising Oil Prices and AI Boom
BusinessmarketwatchYahoo5d ago2 sources

Energy Stocks Recommended Amid Rising Oil Prices and AI Boom

With oil prices on the rise, analysts are recommending energy stocks as a prime investment opportunity. Some experts suggest these companies, dubbed the 'Munificent 7,' are the best way to capitalize on the ongoing AI infrastructure build-out.

Meta layoffs loom, sparking low employee morale
BusinessTimes of India5d ago

Meta layoffs loom, sparking low employee morale

As the May 20 deadline for Meta's reported layoff of 8,000 employees approaches, staff morale is reportedly plummeting, with concerns raised over funds being redirected from workforce to AI infrastructure.

AI Infrastructure Buildout Benefits Shift Towards Asia
Businessmarketwatch12d ago

AI Infrastructure Buildout Benefits Shift Towards Asia

While returns on investment remain attractive for AI infrastructure development, many of the benefits are increasingly accruing to companies in Asia rather than the U.S., posing a potential threat to the AI marathon's trajectory.

Tech Companies Cut Staff Amid Rising AI Spending
BusinessYahoocapital-bg14d ago2 sources

Tech Companies Cut Staff Amid Rising AI Spending

Major technology companies are continuing to lay off employees while simultaneously increasing their investments in artificial intelligence, with Meta reportedly planning to cut approximately 10% of its staff.

KIEFER AI Open Hackathon 2026 Launched in Greece
Worldprotothema-en20d ago

KIEFER AI Open Hackathon 2026 Launched in Greece

KIEFER, in collaboration with Sophea.ai, NVIDIA, and OpenACC, has launched a landmark AI hackathon for 2026, featuring international teams and unveiling major open-source and infrastructure milestones for Greece’s AI ecosystem.

Protocol Signed for Serbian Language Model Development
Technologydanas21d ago

Protocol Signed for Serbian Language Model Development

A cooperation protocol has been signed between the Office for IT and eGovernment and 11 institutions and media outlets for the creation of a national language model (LLM) for the Serbian language and the continuous development of AI infrastructure in Serbia.

Bill Ackman's Pershing Square Increases Stakes in Amazon and Meta
TechnologyReutersbloombergcnbc+7marketwatchobservadorYahoochannel-news-asiaThe Weekstar-malaysiazerohedge26d ago10 sources

Bill Ackman's Pershing Square Increases Stakes in Amazon and Meta

Billionaire investor Bill Ackman's Pershing Square has significantly increased its positions in major tech companies, including Amazon and Meta Platforms. This move comes as Meta announces workforce cuts and a pivot towards AI, while Amazon boosts its custom chip development with Meta's support.

Global Copper Reserves and Strategic Importance
Scienceiefimerida26d ago

Global Copper Reserves and Strategic Importance

A report highlights the countries with the largest copper reserves, emphasizing its growing strategic importance for the global economy, energy transition, electromobility, and AI infrastructure.

Companies Hoarding AI Compute Power Due to FOMO
TechnologyBusiness Insider29d ago

Companies Hoarding AI Compute Power Due to FOMO

New data reveals that companies are investing billions into AI infrastructure and hoarding computing power due to fear of missing out, yet much of this capacity remains underutilized, often at only 5% of total capacity.

Goldman Sachs Files for First Bitcoin ETF Product
FinanceReutersbloombergFT+9cnbcder-standardtvn24marketwatchYahoochannel-news-asiaseeking-alphaadvisor-perspectives+1 more1mo ago12 sources

Goldman Sachs Files for First Bitcoin ETF Product

Goldman Sachs has filed with the SEC to launch its first Bitcoin exchange-traded fund (ETF), which aims to provide steady income through options strategies rather than just capital gains. This move marks the investment bank's entry into the cryptocurrency ETF market.

Daewoo E&C Establishes Data Center Task Force
BusinessKorea Herald1mo ago

Daewoo E&C Establishes Data Center Task Force

Daewoo Engineering & Construction has launched a dedicated task force to meet the growing demand for AI infrastructure. The company aims to develop specialized capabilities in planning, construction, and mechanical and electrical systems for data centers.

MasTec Profits from AI-Capable Data Center Investments
TechnologyYahoo17h ago

MasTec Profits from AI-Capable Data Center Investments

MasTec (MTZ) is reportedly benefiting significantly from its strategic investments in data centers equipped with artificial intelligence capabilities. This focus on AI infrastructure is contributing positively to the company's performance.

Mistral AI CEO Warns Europe of US AI Dependency
TechnologyTimes of India3d ago

Mistral AI CEO Warns Europe of US AI Dependency

Arthur Mensch, co-founder of Mistral AI, has issued a warning that Europe has a critical two-year window to develop its own AI infrastructure to avoid long-term reliance on American tech giants, stressing the importance of controlling chips, energy, and computing power.

Nvidia Invests $2.1 Billion in IREN for AI Infrastructure Deal
Businessbloombergcnbcberlingske+8marketwatchpublicoYahooindian-expresschannel-news-asiaseeking-alphaadvisor-perspectiveszerohedge12d ago11 sources

Nvidia Invests $2.1 Billion in IREN for AI Infrastructure Deal

Nvidia announced an investment of up to $2.1 billion in data center firm IREN (Iris Energy) as part of a five-year AI cloud deal, leading to a significant surge in IREN's stock. This partnership aims to expand AI infrastructure capabilities.

Multiple Companies Release 2026 Financial Forecasts
Businessbloombergdr-dkcnbc+9berlingskemarketwatchmorgunbladidYahoonaftemporikichannel-news-asianewsbeastseeking-alpha+1 more12d ago12 sources

Multiple Companies Release 2026 Financial Forecasts

Several companies across various sectors have released their financial forecasts and guidance for 2026. These projections detail expected revenues, adjusted EBITDA, and other key performance metrics for the upcoming fiscal year.

Big Tech Earnings Reports Drive Mixed Stock Market Reactions
BusinessReutersBBCbloomberg+36wsjFTnzzyle-uutisetcnbchelsingin-sanomatnostagesschau+28 more20d ago39 sources

Big Tech Earnings Reports Drive Mixed Stock Market Reactions

Several major tech companies, including Meta and Microsoft, reported earnings, leading to significant fluctuations in their stock prices. Meta saw a substantial drop after its AI expense estimates, while Microsoft's solid earnings didn't prevent a stock decline.

Meta Explores Space-Based Solar Power for AI Energy Needs
Technologyder-standardhvgYahoo20d ago3 sources

Meta Explores Space-Based Solar Power for AI Energy Needs

Meta Platforms is reportedly investing in or exploring space-based solar power solutions to address the significant energy demands driven by its artificial intelligence operations. This move aims to secure a sustainable power source for its growing AI infrastructure.

Technologyseeking-alpha22d ago

A10 Networks, F5 Outline 2026 Financial Outlooks

A10 Networks reiterated its 2026 outlook, projecting 10%-12% revenue growth driven by AI infrastructure developments. Concurrently, F5 outlined its fiscal year 2026 forecast, signaling 7%-8% revenue growth and a non-GAAP EPS outlook of $16.25-$16.55.

Amazon Boosts Anthropic Investment to $25 Billion for AI Collaboration
BusinessReutersNYTFT+15cnbcfazSCMPder-standardorftvn24marketwatchindian-express+7 more29d ago18 sources

Amazon Boosts Anthropic Investment to $25 Billion for AI Collaboration

Amazon announced plans to invest up to $25 billion in AI startup Anthropic, deepening their collaboration in artificial intelligence and cloud services. This substantial investment aims to support Anthropic's growth amid high demand for its AI technology.

MARA Stock Rises 6% Amid Shift to AI Infrastructure
FinanceYahoo1mo ago

MARA Stock Rises 6% Amid Shift to AI Infrastructure

Marathon Digital Holdings (MARA) stock has seen a 6% increase, as the company transitions from Bitcoin mining to focusing on AI infrastructure. This strategic pivot has generated significant discussion and division among market observers.

CoreWeave Highlights Aggressive Funding in AI Infrastructure
FinanceYahoo1mo ago

CoreWeave Highlights Aggressive Funding in AI Infrastructure

CoreWeave demonstrates the rapid and substantial investment flowing into AI infrastructure, with tens of billions of dollars being secured in a matter of days. This trend underscores the intense funding environment for artificial intelligence development.

Environmentwapo1mo ago

Anti-Data Center Movement Gains Momentum Amidst AI Expansion Concerns

A growing movement against data centers is emerging, with states like Wisconsin and Maine taking action against AI infrastructure, and an Indianapolis councilor experiencing violence related to the issue. The movement highlights concerns over the environmental and social impact of expanding AI technology.

Companies See Gains from AI Infrastructure Investment
WorldYahoo1d ago

Companies See Gains from AI Infrastructure Investment

Several companies, including Coherent (COHR) and Comfort Systems USA (FIX), have seen significant gains in their stock performance due to increased investment in AI infrastructure. This trend highlights the growing impact of artificial intelligence on various industries.

Amazon's 'Titus' Project Reveals Nvidia's Power
TechnologyBusiness Insidernaftemporiki2d ago2 sources

Amazon's 'Titus' Project Reveals Nvidia's Power

Amazon's internal 'Titus' project, focused on AI infrastructure, has reportedly showcased the significant capabilities and market dominance of Nvidia's technology. This initiative underscores Nvidia's crucial role in advanced computing and artificial intelligence development.

Google and SpaceX Discuss Orbital Data Center Project
Businessbloombergyle-uutisetder-standard+8marketwatchforbesindex-hrYahooklix-bachannel-news-asiaseeking-alphazerohedge7d ago11 sources

Google and SpaceX Discuss Orbital Data Center Project

Google and SpaceX are reportedly in discussions to explore a project involving the launch of data centers into Earth's orbit. This potential collaboration aims to develop a new frontier for data storage and processing.

Tech Layoffs Driven by AI Infrastructure Costs, Not AI Taking Jobs
Businessrzeczpospolita11d ago

Tech Layoffs Driven by AI Infrastructure Costs, Not AI Taking Jobs

The tech industry is undergoing significant restructuring and layoffs, but a Meta engineer reveals that the job losses are primarily due to the enormous costs associated with building AI infrastructure, rather than artificial intelligence directly replacing programmers.

Asbis Reports Record First-Quarter Profit Driven by AI Demand
Businesscyprus-mail13d ago

Asbis Reports Record First-Quarter Profit Driven by AI Demand

Cyprus-based IT distributor ASBISc Enterprises Plc announced a record net profit of $36.3 million and revenue of $1.27 billion in Q1 2026. This performance significantly outpaced broader eurozone trends, fueled by accelerating demand for AI infrastructure and servers.

Apple Reports Record Quarterly Profit Despite Supply Chain Challenges
BusinessAPReutersBBC+40bloombergNYTwsjFTThe Guardiannzzyle-uutisetcnbc+32 more19d ago43 sources

Apple Reports Record Quarterly Profit Despite Supply Chain Challenges

Apple announced record quarterly earnings, surpassing expectations despite ongoing supply chain disruptions. CEO Tim Cook highlighted strong demand for new iPhones and discussed future growth opportunities, including in India.

Marathon Digital to Acquire Long Ridge Energy for $1.5 Billion
FinanceYahooseeking-alpha20d ago2 sources

Marathon Digital to Acquire Long Ridge Energy for $1.5 Billion

Marathon Digital Holdings has announced its acquisition of Long Ridge Energy from FTAI Infrastructure in a $1.5 billion deal. This strategic move aims to expand Marathon Digital's power platform, particularly for AI and high-performance computing.

Meta Announces Thousands of Layoffs Amid Increased AI Investment
TechnologyAPBBCbloomberg+55NYTwsjFTle-mondeThe GuardianNPRCNNdr-dk+47 more27d ago58 sources

Meta Announces Thousands of Layoffs Amid Increased AI Investment

Meta Platforms has announced plans to lay off thousands of employees, with some reports indicating around 8,000 job cuts. These significant workforce reductions come as the company simultaneously increases its investments in artificial intelligence development.