Plug Power Beats Consensus, Hits Near Break-Even Margin, and Lifts Full-Year Outlook
Plug Power beat forecasts, cut costs and cash use, raised its 2026 outlook, and moved closer to profitability.
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Riot Platforms Signs Landmark 20-Year AI Lease Worth Up to $16.1 Billion, Beats Q2 Revenue Expectations
Riot Platforms reports Q2 revenue beat of $174.2M and signs 20-year 191 MW AI lease expected to generate $9.1B in contracted revenue.
Nvidia Partners with Apollo, Blackstone and Wall Street Giants on $500 Billion AI Funding Package
Apollo, Blackstone, BlackRock & others team with Nvidia on a $500 billion package for AI chips, power and data centers, per FT report.
Delaware Court Orders Verisk to Complete $2.35 Billion AccuLynx Deal
Delaware judge rules Verisk must proceed with its $2.35 billion AccuLynx acquisition after the company tried to cancel the deal. Verisk plans to appeal.
Microsoft Plans to Unveil Maia 300 AI Chip in September, Eyes Massive Production Ramp
Microsoft plans to unveil its Maia 300 AI chip this fall and secure TSMC capacity for over 300,000 units in 2027 to cut Nvidia reliance.
Nvidia to Invest Up to $3 Billion in Lancium, the Power Company Behind Stargate
Nvidia plans up to $3B investment in Lancium, the Blackstone-backed power firm behind the Stargate AI data center project, valuing it at $10B.