OpenAI expects business to burn $115 billion through 2029, The Information reports
(Reuters) -OpenAI has sharply raised its projected cash burn through 2029 to $115 billion as it ramps up…
Meta’s Backstop Is Linchpin for $26 Billion AI Data-Center Deal
(Bloomberg) — When Meta Platforms Inc. turned to lenders to secure $26 billion in debt funding for construction…
AMD Delivers Massive Q2 Beat– But Here’s Why Shares Are Falling
Aug 6 – AMD (NASDAQ:AMD) stock slipped 5% in pre-market trading on Wednesday despite beating Q2 revenue estimates,…
Shanghai targets 5 new data centres in 2025 as China boosts AI computing capacity
Shanghai aims to complete at least five new large-scale data centres by the end of the year to…
Trump’s Big Beautiful Bill will accelerate an American energy crisis—and it could cost the U.S. the AI race
America is facing an energy imperative: Grow power from all sources or face potential failure. That’s failure in…