Keywords: AI infrastructure


AI infrastructure spending drives hyperscalers to record bond issuance as borrowing costs climb

America's largest technology companies are turning increasingly to the bond market to finance massive investments in artificial intelligence infrastructure, even as investors demand higher yields to absorb the surge in corporate debt issuance. A Reuters analysis of LSEG data shows that Amazon, Alphabet,......

Meta and BlackRock invest $14 billion in major AI data center project

Meta Platforms and BlackRock have announced a major joint investment project to develop a large-scale data center campus in Texas, with total investment expected to reach approximately $14 billion. The initiative highlights the growing global demand for infrastructure capable of supporting the rapid......

Meta and BlackRock launch $14 billion Texas data center project to boost AI infrastructure

Meta Platforms and investment giant BlackRock have joined forces on a major data center development project in El Paso, Texas, valued at approximately $14 billion, as demand for artificial intelligence infrastructure continues to accelerate. The partnership creates a new venture focused on developing......

Nvidia weighs $250 billion guarantee for SoftBank-led AI data center project

Nvidia is reportedly considering providing financial guarantees worth up to $250 billion to support a massive data center project being developed by SoftBank in Ohio, highlighting the increasingly complex financial arrangements emerging around the global artificial intelligence boom. According to reports......

AMD unveils Helios AI system as it challenges Nvidia’s dominance with Microsoft support

AMD is stepping up its challenge to Nvidia in the rapidly expanding artificial intelligence infrastructure market with the planned launch of Helios, a large-scale computing system designed specifically for demanding AI workloads. The new platform represents one of AMD's most significant efforts......

Google develops new AI chip to boost Gemini performance and ease computing constraints

Google is developing a new generation of artificial intelligence server chips designed to run its Gemini models more efficiently, a strategic move aimed at expanding computing capacity as demand for AI services continues to accelerate. According to people familiar with the project, the Alphabet subsidiary......

SambaNova reaches $11 billion valuation after securing $1 billion AI funding

Artificial intelligence chip developer SambaNova has raised $1 billion in a major late-stage funding round, lifting the company’s valuation to $11 billion as demand grows for specialised computing infrastructure designed to support advanced AI systems. The funding round was led by investment firm......

Ukraine turns to self-hosted AI models to secure control over critical digital systems

Ukraine plans to prioritise artificial intelligence systems that can operate independently on domestic infrastructure, as the country seeks greater control over digital tools used in government services, business operations and defence applications. A senior Ukrainian ministry official said Kyiv would......

Microsoft cuts 4,800 jobs as AI investments reshape Big Tech workforce

Microsoft is eliminating approximately 4,800 jobs, representing about 2.1% of its global workforce, as the technology giant accelerates investment in artificial intelligence while seeking greater operational efficiency. The workforce reduction reflects a broader trend across the technology sector, where......