Search results for hyperscalers
AI & Enterprise
SoftBank to enter U.S. AI cloud computing market with SB Neo launch
SoftBank Group and its telecommunications unit SoftBank will start a neo cloud business from the next fiscal year to rent AI computing resources to U.S. companies, Bloomberg News reported. The two companies will establish SB Neo in July to supply AI chips and cloud services to large firms, including hyperscalers. SoftBank plans to raise data centre capacity to 10 gigawatts by around 2030, and SoftBank will hold 51 percent of SB Neo.
AI & Enterprise
Dan Ives to leave Wedbush after 8 years to set up new financial firm
Dan Ives, Wedbush Securities\' leading technology stock analyst, is leaving the firm to set up a commercial bank targeting the technology, energy, infrastructure and financial industries. Business Insider reported he is preparing the launch after eight years at Wedbush, with large companies and high-net-worth individuals as key clients. Ives said in an internal email he enjoyed his time at Wedbush and built a strong technology franchise. Details of the bank\'s structure, capital and timetable have not been disclosed.
Crypto
BIS warns of overheated $1 trillion AI investment, with bitcoin also in initial shock zone
The Bank for International Settlements warned that an AI investment boom could become a risk to broader financial markets. It said capital spending by five hyperscalers in 2025 to 2026 could exceed $1 trillion and that returns may fall short. BIS said complex funding links could transmit shocks from technology shares to credit markets and liquidity. It added bitcoin could face early selling pressure as a risk asset.
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Industry
Why Wall Street sees Micron as the next Nvidia
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Industry
GE Vernova gas turbines sold out through 2029 amid surging AI power demand
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AI & Enterprise
Musk warns of memory supply shortage, says AI chip prices surging to unseen levels
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AI & Enterprise
AWS to raise prices 20 percent for AI cloud GPU reservation service
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AI & Enterprise
EU scales back AI data centre tender size, further from cutting U.S. reliance
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AI & Enterprise
Nvidia plans first corporate bond sale since AI boom to raise about $20 billion
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AI & Enterprise
Seattle to halt new data centre construction for a year amid power and housing cost concerns
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AI & Enterprise
Governments stockpile Nvidia chips as sovereign AI emerges as new growth driver
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AI & Enterprise
Nvidia H200 GPU rental rates fall 40 percent in three weeks, raising questions over AI chip scarcity
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AI & Enterprise
Anthropic raises $65 billion in Series H round, valuation rises to $965 billion
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Crypto
Bitcoin miners surge on AI infrastructure boom, spotlighting power assets
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AI & Enterprise
Jensen Huang says Nvidia opened $200 billion new market, sees CPU demand surging
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Industry
Transformer and cable makers eye spillover as Nvidia \'Rubin\' shipments near
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AI & Enterprise
Cisco to cut about 4,000 jobs as it steps up AI investment
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AI & Enterprise
OpenAI faces hurdles raising funds for $18 billion custom chip deal