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.
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AI Credit Fears Strike Back: Crushing Data Centers and Speculative Trades
Data center and AI-related stocks like CoreWeave plunged sharply as rising credit risks and heavy spending fears spark a sell-off in speculative tech trades. Investors are pushing back against big capital expenses.
Google Flexes Financial Muscle: Investing in Neoclouds to Break Nvidia's AI Grip
Google ramps up its challenge to Nvidia by investing in startups like Fluidstack ($100M) and backing data-center partners to expand adoption of its cost-effective TPU AI chips amid supply challenges.
Starboard Pushes Riot Platforms: Time to Go All-In on AI Data Centers!
Activist investor Starboard Value urges Bitcoin miner Riot Platforms to accelerate its shift to high-power data centers for AI and hyperscalers, highlighting huge potential amid Bitcoin struggles.
Morgan Stanley Starts Coverage on TeraWulf and Cipher Mining with Overweight Ratings
Morgan Stanley gives Overweight ratings to TeraWulf and Cipher Mining, highlighting strong infrastructure experience and upside potential in bitcoin-to-data center conversions.
TeraWulf Doubles Capacity with Kentucky and Maryland Data Center Acquisitions
TeraWulf acquires two strategic sites adding 1.5 GW capacity, expanding to 2.8 GW total across five locations to support AI and high-performance computing growth.