U.S. midterms could widen AI data center divide
Gina Hinojosa takes the stage as she is announced as the next governor of Texas at her watch…
Post-election rally masks a sharp split in the AI trade. Who wins?
Wall Street rallied Wednesday after Democrats scored major victories in the midterm elections. But the broad rally hid…
AI buildout hits snag as Google and Microsoft hold capex forecasts
Sundar Pichai, CEO, Google and Satya Nadella, CEO of Microsoft. Denis Balibouse | Ruben Sprich | Reuters The…
More pain may be coming for the AI trade. Why I’m not giving up on it
You knew it had to happen. The charts foreordained it. I am talking about the collapse in every…
Nvidia’s role as AI financier faces first big test as neoclouds take market hit
Jensen Huang, CEO of NVIDIA, presents new NVIDIA Vera Rubin DSX Pod Full-Stack Modular AI Factory as he…
AI turmoil: neoclouds struggle, credit risks jump, Solidigm pulls IPO
CoreWeave founder and CEO Mike Intrator poses for a photo during the company’s initial public offering at the…
Nvidia CEO Jensen Huang says neocloud demand is ‘off the charts’
Nvidia CEO Jensen Huang told CNBC Thursday that demand for neocloud firms is “off the charts,” but scarce…
Gartner analyst warns about AI neccloud build-out
Wall Street research and advisory firm Gartner is standing by its forecast that $3.5 trillion in AI investment…
IREN Stock Falls 8% After Q4 Miss; AI Cloud Shift Gains Momentum
IREN said it signed a new multi-year contract with a leading AI lab. CEO Daniel Roberts said 2026…
A technical breakout is forming in this crypto-turned-AI play
Iren is running toward a technical breakout level and away from its former life of a bitcoin mining…
Ex-Banker Brothers Worth $850 Million After Microsoft AI Deal
For a few years, Daniel and Will Roberts’ Bitcoin-mining venture was a wild ride. The former Macquarie Group…
Microsoft enters approximately $9.7B contract with IREN that gives it access to Nvidia chips
Microsoft has entered into a $9.7 billion cloud services contract with artificial intelligence cloud service provider IREN that…