Nvidia Posts Record $96.2B Quarter, Sees 70% Growth Ahead
Nvidia's quarterly revenue more than doubled to $96.2 billion, and the company issued its first-ever full-year forecast: 70% revenue growth for fiscal 2028.
Read more →AI in Businessand AI Data Centers
Every AI News story tagged with both AI in Business and AI Data Centers — the two topics side by side, updated as new articles publish.
24 articles
L&T to Build India's Largest Nvidia AI Factory for Together AI
Indian engineering giant Larsen & Toubro will deploy 10,000 Nvidia B300 GPUs in Chennai for Together AI, its largest single AI infrastructure order yet.
Read more →Riot Platforms Signs $9.1B AI Data Center Deal With Anthropic
Bitcoin miner Riot Platforms will lease 191 megawatts of Texas data-center capacity for $9.1 billion over 20 years; Bloomberg and CNBC identify the tenant as Anthropic.
Read more →Nvidia, Wall Street Giants Plan $500B AI Financing Platforms
Nvidia signed agreements with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to build financing platforms that could mobilize over $500 billion for AI infrastructure.
Read more →Anthropic, Macquarie, GIC Launch Theseus for AI Data Centers
Anthropic has teamed up with Macquarie Asset Management and Singapore's GIC to launch Theseus Infrastructure, a venture that will build and lease US data centers dedicated to running Claude.
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Nvidia-Backed Firmus Raises $2B to Expand AI Factories
Australian AI infrastructure firm Firmus raised $2 billion from Nvidia, Blackstone, Coatue and Jane Street, nearly doubling its valuation to $10.5 billion to expand AI data centers across Asia-Pacific.
Read more →AMD, Core Scientific Sign $14B Deal for Up to 2.5GW of AI Power
AMD and Core Scientific signed a 15-year infrastructure deal worth more than $14 billion, starting with 529 megawatts of U.S. data center capacity in 2027 and room to grow to 2.5 gigawatts.
Read more →Nscale to Acquire Anyscale, Maker of the Open-Source Ray Framework
GPU cloud provider Nscale has agreed to buy Anyscale, the startup behind the open-source Ray framework, in a deal reported at roughly $1.65 billion.
Read more →Meta Hands BlackRock 80% Stake in New $14B AI Data Center
Meta and BlackRock formed a joint venture to build a 1-gigawatt AI data center in El Paso, Texas, shifting most of the roughly $14 billion project off Meta's balance sheet.
Read more →Nvidia Weighs $250B Guarantee for OpenAI's Ohio Data Center
Nvidia is in talks to guarantee $250 billion in financing so OpenAI can lease a 10-gigawatt SoftBank data center in Ohio, the Wall Street Journal reported, citing unnamed sources.
Read more →OpenAI Plans $20 Billion Data Center in Coastal Georgia, US
OpenAI unveiled Project Camellia, a $20 billion data center in Effingham County, Georgia, its first self-built facility, powered by 3.2 gigawatts from Georgia Power.
Read more →Spectro Cloud Raises $100M Series D, Hits $260M Total Funding
AI infrastructure startup Spectro Cloud raised a $100 million Series D led by Goldman Sachs Alternatives, pushing its total funding to $260 million.
Read more →Anthropic in Talks to Lease $10B in Compute From Meta
Anthropic is in early talks to lease up to $10 billion in computing power from Meta over two years, The New York Times reported, as the AI compute shortage reshapes rivals into partners.
Read more →Blackstone, Apollo, KKR Invest $5.34B in Williams' AI Power Plants
A Blackstone-led investor group is funding 49% of five natural-gas power plants that pipeline giant Williams is building largely to supply electricity to AI data centers.
Read more →New York Enacts First-in-Nation Freeze on Hyperscale Data Centers
Gov. Kathy Hochul signed an executive order pausing new hyperscale data center permits for up to a year, citing rising electricity bills and grid strain from AI-driven demand.
Read more →Intel Commits €5 Billion to Expand Chip Plant in Ireland
Intel will invest €5 billion to expand its Leixlip campus in Ireland, adding capacity for Xeon server processors as AI data center demand strains chip supply.
Read more →Meta Expands Louisiana AI Data Center to $50 Billion, 5 Gigawatts
Meta is expanding its Hyperion data center in Richland Parish, Louisiana, to 5 gigawatts of capacity, pushing total investment past $50 billion and funding local schools and infrastructure.
Read more →Meta Breaks Ground on $13B AI Data Center in Alberta, Canada
Meta has begun construction on a 1-gigawatt, AI-optimized data center in Alberta — its first in Canada and 33rd globally, backed by a CAD $13 billion investment.
Read more →Meta to Start Producing In-House AI Chip 'Iris' in September
Meta plans to begin manufacturing its in-house "Iris" AI chip in September, aiming to double its data center computing capacity to 14 gigawatts by 2027, an internal memo reviewed by Reuters shows.
Read more →What Is a Neocloud? The GPU Clouds Powering the AI Boom
A neocloud is a cloud company built to rent out GPUs for AI work — and it's why bitcoin miners are turning old mining sites into AI data centers.
Read more →Anthropic Signs $19 Billion Data Center Lease With TeraWulf
Anthropic will lease a 401-megawatt AI computing campus in Hawesville, Kentucky, from TeraWulf under a 20-year, $19 billion deal, with capacity coming online starting in 2027.
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