AI fever has propelled global stocks to record highs, but the data centres needed to power the promised revolution are ...
Here are seven unusual financial agreements helping to drive the ambitions of the poster child of the A.I. revolution.
OpenAI is to pay $38 billion over seven years to AWS for computing power. The deal raises concerns over how OpenAI will meet the commitments it has made to pay for computing resources which include: ...
As OpenAI's president, Brockman is steamrolling toward "completing the mission" of moving beyond AI to artificial general ...
CoreWeave disagrees with the recommendations to vote against this transaction. While neither ISS nor Glass Lewis questions the strategic merit of the transaction, both base their recommendations ...
But a dip in its stock price has weakened the offer's value, exacerbating investor concerns that the deal sharply undervalues ... Seas Capital were "misleading and misinformed." CoreWeave's rapid, ...
Alphabet, Amazon, and Meta raised their capital expenditure forecasts in the tech giants' most recent earnings reports.
"The latest set of tech results [is] positive for the structural growth of artificial intelligence, as all three companies flagged a substantial increase in capital expenditures amid broad based ...
Oracle’s Azure-OCI interconnect and Database@Azure let OpenAI run Oracle databases and GPU compute seamlessly with Azure.
Return on Equity (ROE): Cloudflare's ROE is below industry averages, indicating potential challenges in efficiently utilizing ...
Data centre start-up Crusoe has raised $1.4bn, more than tripling its valuation to over $10bn in one year, as investors pile ...