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Oracle shares rise as the company cuts jobs and shifts spending toward AI infrastructure and cloud expansion.
Marvell shares rise after Nvidia’s $2 billion investment boosts its position in AI infrastructure.
OpenAI is shutting down its Sora video generation model, citing undisclosed reasons. Reports suggest the product may have been costing up to $15 million per day to operate.
Nvidia expects cumulative revenue from AI chips to reach $1 trillion by the end of 2027, according to CEO Jensen Huang. The forecast doubles the company’s previous projection for the fast-growing AI market.
Meta has invested $27 billion in AI cloud company Nebius as it races to secure computing power for artificial intelligence development. The deal highlights growing demand for large-scale AI infrastructure.
Nebius shares surged after Nvidia announced a $2 billion investment to build next-generation AI cloud infrastructure. The partnership aims to scale high-performance computing platforms for large artificial intelligence workloads.
Alphabet raises $20 billion in bonds to finance large-scale investments in artificial intelligence infrastructure.
Major tech firms pledge to pay for data center power infrastructure so U.S. households will not bear the cost.
SanDisk shares jump more than 1,300% in a year as AI-driven demand for memory and storage fuels one of the market’s biggest rallies.
Nvidia says its Vera Rubin AI infrastructure is now in full production and delivers five times the performance of Blackwell.
OpenAI’s Sora platform is driving $15 million in daily costs and intensifying shortages in PC hardware as AI demand accelerates.
Nvidia has agreed to acquire AI chip startup Groq for about $20 billion, marking the largest acquisition in its history as it accelerates its push to dominate next-generation AI hardware.
Finnish cities are channeling excess heat from AI-driven data centers into district heating networks, transforming server waste heat into a low-carbon energy source.
Alphabet has agreed to acquire data center infrastructure firm Intersect for $4.75 billion, strengthening its physical backbone for artificial intelligence and cloud computing growth.
Artificial intelligence is emerging as a major environmental burden, with new research estimating massive electricity consumption, water use, and carbon emissions tied to global data centers in 2025.