Cerebras Shares Jump 17% After OpenAI Agreement Adds $8.8 Billion in Market Value
Cerebras shares surged 17%, adding approximately $8.8 billion in market value after investors welcomed the company’s agreement with OpenAI.
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Riot Platforms signed a long-term AI infrastructure agreement with Anthropic worth up to $9.1 billion, sending the company’s shares sharply higher as it accelerates its shift beyond Bitcoin mining.
Goldman Sachs Forecasts 100-Fold Increase in SpaceX AI Revenue by 2030
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Goldman Sachs projects that SpaceX could increase its AI-related revenue by 100 times by 2030, reaching approximately $322 billion annually as the company expands its artificial intelligence infrastructure.
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Alphabet unveiled an $80 billion fundraising plan, including public offerings and a Berkshire Hathaway investment, to finance the rapid expansion of its AI computing infrastructure.
ClickHouse Reaches $250 Million ARR as Database Company Eyes IPO
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ClickHouse tripled its annual recurring revenue to $250 million over the past year as the database company prepares for a potential IPO in the coming years.
Musk Reportedly Discussed Potential SpaceX-Tesla Merger Ahead of IPO
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Elon Musk reportedly discussed the possibility of merging SpaceX and Tesla into a single company, creating a combined entity valued at nearly $2.85 trillion.
SpaceX Files for Historic $75 Billion IPO at $1.75 Trillion Valuation
By
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SpaceX officially filed for what could become the largest IPO in history, targeting a $1.75 trillion valuation and seeking to raise $75 billion as investors gain their first detailed look into the company’s finances, AI ambitions, and Starlink profitability.
Leopold Aschenbrenner’s AI Hedge Fund Grows to $13.7 Billion on Infrastructure Bets
By
Michael Foster
• 2 mins read
Leopold Aschenbrenner’s hedge fund grew from $225 million to $13.7 billion by betting on AI infrastructure, energy, and compute bottlenecks rather than chatbot applications.
HIVE Digital Stock Surges 40% After C$3.5 Billion, 320 MW AI Gigafactory Announcement
By
David Sinclair
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HIVE Digital shares jumped 40% after subsidiary BUZZ HPC unveiled plans for a C$3.5 billion AI gigafactory in the Greater Toronto Area with 320 MW capacity.
SpaceX Unveils Starship V3 as Pre-IPO Valuation Slips on Hyperliquid
By
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SpaceX introduced the third generation of its Starship system featuring upgraded Raptor 3 engines and a redesigned launch architecture, while pre-IPO pricing on Hyperliquid fell 7%.
Akamai Shares Surge 20% After Earnings Beat and $1.8 Billion AI Infrastructure Deal
By
Emma Clarke
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Akamai shares jumped 20% after the company reported strong quarterly earnings and announced a $1.8 billion AI infrastructure agreement.
Nvidia, Corning Strike Optical Fiber Deal to Power AI Data Center Boom
By
Michael Foster
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Nvidia and Corning announced a major optical fiber partnership to expand U.S. manufacturing, aiming to meet surging demand from AI data centers.
Kone to Acquire TK Elevator in $34.4 Billion Deal to Create Industry Leader
By
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Finland’s Kone will acquire Germany’s TK Elevator in a $34.4 billion deal, forming the world’s largest elevator manufacturer.
Madison Air Raises $2.23 Billion in Largest U.S. Industrial IPO in 27 Years
By
Michael Foster
• 3 mins read
Madison Air Solutions raised $2.23 billion in its IPO, marking the largest U.S. industrial listing in nearly three decades and signaling strong investor demand.