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Keywords: AI infrastructure
Alibaba reported fourth-quarter revenue of 243.38 billion yuan for fiscal year 2026, marking a 3 percent year-on-year increase but falling short of market expectations of around 246.5 billion yuan. The result highlights continued pressure from heavy investment in artificial intelligence infrastructure......
Shares of major U.S. semiconductor companies rose sharply on Wednesday after strong forecasts from Advanced Micro Devices (AMD) boosted investor confidence in long-term demand for artificial intelligence infrastructure. AMD shares jumped nearly 18% in premarket trading, while other chipmakers including......
Amazon reported first quarter results that exceeded expectations across revenue, profit, and operating income, prompting a broad wave of price target increases from Wall Street analysts. The performance was driven by strong growth in cloud computing and improved operating margins, even as investor concerns......
Featherless.ai has secured 20 million dollars in a Series A funding round to expand its open source artificial intelligence infrastructure. The company, based in San Francisco, develops a serverless inference platform designed to simplify and accelerate access to large scale AI models for developers......
Major technology companies are scaling up spending on artificial intelligence infrastructure to unprecedented levels, with combined capital expenditure plans nearing $725 billion for 2026. The surge follows quarterly earnings reports released on April 29 by Alphabet, Amazon, Meta and Microsoft, all of......
Cognizant Technology Solutions has announced an agreement to acquire IT services provider Astreya in a deal valued at approximately $600 million, strengthening its position in the rapidly growing artificial intelligence and cloud infrastructure market. Astreya specializes in IT operations, AI infrastructure,......
OpenAI and Microsoft have agreed to overhaul their partnership, removing Microsoft’s exclusive rights to OpenAI’s intellectual property and allowing the artificial intelligence firm to operate across multiple cloud platforms. The revised agreement reshapes one of the most closely watched......
China is advancing a large-scale effort to build an orbital computing network powered by artificial intelligence, while expanding its military presence in space. The dual-track strategy combines commercial innovation with strategic ambitions that analysts say could challenge existing space leadership......
Meta Platforms has agreed a major infrastructure partnership with Amazon Web Services to deploy tens of millions of Graviton processor cores across its computing systems. The agreement positions Meta among the largest users of AWS custom silicon and reflects a broader shift in the technology sector toward......