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AI & Enterprise

Can they keep building? Data centre stocks on edge as AI slowdown talk grows

Concerns that AI model development could slow are shaking shares of companies that had ridden expectations for a U.S. data centre expansion. Wall Street is reassessing whether the investment boom driven by Anthropic and OpenAI can continue, after Anthropic CEO Dario Amodei proposed slowing frontier-model development. AI infrastructure stocks fell, including GE Vernova, Caterpillar, Vertiv and Oracle. Investors are also watching funding conditions, as hyperscalers return to bond markets and borrowing costs may rise.

AI & Enterprise

KT highlights CXL and modular data centres as ways to boost AI data centre efficiency

KT said it held a special session at the Korean Institute of Electromagnetic Engineering and Science summer conference on Aug. 20 to discuss directions for developing AIDC networks and infrastructure with industry, academia and research institutions. The session in Pyeongchang included participants from ETRI and AI infrastructure companies. KT said future AI infrastructure competitiveness will depend on efficiency, and highlighted next-generation networking, CXL-based AIDC architecture and modular data centres.

AI & Enterprise

Shunned software shares rebound; Jim Cramer says AI infrastructure stocks could be next

Enterprise software shares once shunned on Wall Street have rebounded quickly on earnings, fuelling expectations that battered AI infrastructure stocks could be the next candidates for a turnaround. CNBC reported that Jim Cramer pointed to a sharp recovery in software this month while data centre-related shares slid. He cited ServiceNow’s recent results as a turning point for sentiment and said further declines can raise valuation appeal. He highlighted Vertiv as down about 40 percent from its May 14 peak.