Data center

Artificial Intelligence

Will Wall Street Stomach Oracle’s Costly AI Transformation?

Photo via Scott Coleman/ZUMAPRESS/Newscom

Capital expenditures continue to balloon and the company plans to raise another $40 billion through debt and equity financing.

2 min read

Photo via Charles Briggs/ZUMAPRESS/Newscom

Industrials

The SpaceX IPO Is About Way More Than Just Rocket Ships

Projections of massive growth for X (née Twitter), xAI and Starlink are all central to the lofty SpaceX IPO thesis.

2 min read
Photo via Doug Nicotera/ZUMAPRESS/Newscom

Energy

Regulator Helps Constellation Energy Fast-Track Three Mile Island Revival

The plan is to bring the infamous power plant back online sometime next year to service a nearby glut of power-hungry Microsoft data centers.

2 min read
Photo via IMAGO/Vincent Isore/IMAGO/IP3press/Newscom

Artificial Intelligence

Neocloud Competition Heats Up As Nebius’ Market Value Rivals Coreweave’s

Last month, Coreweave, the largest independent neocloud company, reported its first-quarter revenue doubled to $2.1 billion.

2 min read

Big Tech

Blackstone Invests $5 Billion in New Neocloud Partnership with Google

Photo via WLADIMIR BULGAR/SCIENCE PHOTO LIBRARY/Newscom

Blackstone, already the world’s largest private owner of data centers, will provide an initial $5 billion investment.

1 min read

Semiconductors

Cerebras Challenges Nvidia’s Chip Dominance with Highly Hyped IPO

Photo via WLADIMIR BULGAR/SCIENCE PHOTO LIBRARY/Newscom

Cerebras says its chips can perform inference work faster than Nvidia’s GPUs, which are less specialized for inference work.

2 min read

Big Tech

Meta Lags Rival Hyperscalers as Investors Grow Wary of Surging CapEx

Photo via Tom Williams/CQ Roll Call/Newscom

Meta is planning a spending spree later in this year, raising its expected annual capital expenditures from $115 billion to $135 billion.

2 min read

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