IREN Lands Massive $9.7 Billion AI Deal with Microsoft
IREN secures a historic $9.7 billion GPU cloud services contract with Microsoft to power AI infrastructure with NVIDIA's latest technology at their Texas facility.
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OpenAI Eyes Trillion-Dollar IPO: The Financial Groundwork Behind the AGI Mission
OpenAI is reportedly preparing for an initial public offering (IPO) that could value the company at up to $1 trillion, aiming to raise massive capital to finance CEO Sam Altman’s multi-trillion-dollar AI infrastructure plans.
Microsoft's AI Spending Spree: $35B Investment Sparks Investor Concerns
Microsoft spent $34.9B on AI infrastructure in Q1, beating estimates but worrying investors about costs. Azure grew 39% as cloud business booms despite spending concerns.
Microsoft Finalizes New Pact with OpenAI, Securing $135 Billion, 27% Stake
Microsoft and OpenAI have finalized a major new agreement, restructuring ownership, extending IP rights to 2032, and outlining new conditions for AGI verification and Azure usage.
Qualcomm Launches AI Chips to Challenge Nvidia's Dominance in Data Centers
Qualcomm unveils AI200 and AI250 chips for data centers, entering the booming AI infrastructure market with competitive alternatives to Nvidia's dominant processors arriving in 2026-2027.
Alibaba Cloud Slashes Prices Up to 10% in Key Global Markets to Fuel International Growth
Alibaba Cloud cuts prices by up to 10.2% in Frankfurt, Tokyo, and Dubai as it expands globally with new data centers in Brazil, France, and the Netherlands to compete with AWS, Microsoft, and Google.