Microsoft Targets Key Texas AI Hub as Oracle Shelves Expansion Plans
Microsoft in advanced talks to lease hundreds of MW at Abilene's Stargate AI campus after Oracle shelved expansion. Boost for Azure amid Meta interest too.
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NVIDIA Invests $2 Billion in Nebius to Scale 5GW Full-Stack AI Cloud by 2030
NVIDIA invests $2B in Nebius to scale AI infrastructure. Partnership targets 5+ gigawatts of capacity by 2030 for powerful inference and agentic AI applications.
AI Challenger Cerebras Picks Morgan Stanley to Lead $2 Billion IPO Comeback
AI chipmaker Cerebras picks Morgan Stanley to lead its renewed IPO push, aiming to raise ~$2B as soon as April amid booming AI demand and a $23B valuation.
Oracle-OpenAI Drops Texas Expansion, Meta Steps In
Oracle and OpenAI scrapped plans to expand the Stargate AI data center in Abilene, Texas. Meta now in talks to lease the site, with Nvidia facilitating.
Loop Capital Goes Bullish on Astera Labs: The Next Big AI Pure Play After Nvidia
Loop Capital starts coverage on Astera Labs with a Buy rating and $250 price target, calling it a leading diversified AI silicon pure play after Nvidia.
Perplexity Chooses CoreWeave to Scale AI Inference, Stock Rises
CoreWeave announces multi-year deal to power Perplexity's AI inference on NVIDIA GB200 clusters.