Heard on the Street: Behind the AI Splurge at Microsoft and Meta
That was the combined capital spending by Microsoft and Meta Platforms last quarter, nearly double a year earlier. The bulk of it went on chips and data centers to power generative AI services. Read w ...
Report: OpenAI could double valuation to $340B with new $40B funding round
OpenAI is seeking to raise up to $40 billion in new funding at a valuation of $340 billion, the Wall Street Journal reported ...
Vertiv Holdings (VRT): The Most Obvious Data Center Play in the DeepSeek Fallout
We recently published a list of Jim Cramer Breaks Silence On DeepSeek AI Sell-Off & Discusses These 12 Stocks. In this article, we are going to take a look at where Vertiv Holdings Co (NYSE:VRT) ...
Meta, Microsoft downplay DeepSeek threat
Meta CEO Mark Zuckerberg, meanwhile, seemed to downplay the threat posed by DeepSeek, saying that the industry is constantly changing and DeepSeek’s announcement is simply a part of that ebb and flow.
Blackstone Still Bullish on A.I. Data Centers Despite DeepSeek
Blackstone, a major global investor in data centers that run A.I. systems, expects use of the technology to rise as the cost of computing power falls.
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Harrison Street's Data Center Head On Its New $600M Fund, DeepSeek And M&A
Harrison Street's Michael Hochanadel spoke to Bisnow about the firm's approach to the data center sector and the major trends ...
Tech CEOs try to reassure Wall Street after DeepSeek shock
Leaders at Microsoft and Meta told investors that China’s DeepSeek doesn’t harm their businesses and that they will still ...
DeepSeek AI model great news for U.S. small businesses
Big Tech and Wall Street are freaking out about DeepSeek’s announcement this week that their AI modeling can do what OpenAI ...
Why blocking China’s DeepSeek from using tech from US AI rivals may be difficult
Top White House advisers this week expressed alarm that China’s DeepSeek may have benefited from a method that allegedly ...
Bitcoin mining hashrate set to slow down — Here’s why
Several signals indicate that the Bitcoin network hashrate is set to slow down in the coming weeks, dampening competition ...
Mark Zuckerberg: DeepSeek shows why U.S. must be AI’s ‘global open-source standard’; no reason to rethink spending
The cofounder and CEO of Meta doubled down on plans to spend hundreds of billions of dollars on AI infrastructure as China's DeepSeek raises questions about the costs of the AI arm's race.
cryptopolitan5h
Microsoft’s cloud division misses growth targets amid slower demand for AI services
Microsoft announced slow business growth in its cloud business in Q1 2025 as it struggles to create data centers that can handle the demand for its AI.