AI
Crusoe has sold its unfinished Wyoming data center to Google, which had been a target customer but raised concerns about cost and timeline. Google plans a $17B investment.
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No phones and 14 stories for “AI infrastructure”
AI
Crusoe has sold its unfinished Wyoming data center to Google, which had been a target customer but raised concerns about cost and timeline. Google plans a $17B investment.
Tech
Microsoft has declined to exercise an option to more than double its Texas data center contract with Nscale, according to the Financial Times. The move adds to AI infrastructure turbulence as Texas politics shift against data centers.
AI
Oracle filed plans to raise $20 billion through new stock and senior notes to fund its AI buildout. The move was previewed at last week's investor day, but shares still dropped 8.8%.
AI
Anthropic's updated S-1 reveals $33.24B in nine-month revenue, a $23.3B quarterly net loss and $895.4B in committed compute and infrastructure spending.
AI
Big Tech plans over $740 billion in AI infrastructure spending this year, but negative free cash flow, record debt and a sharp market selloff are testing investor patience.
AI
Amazon CEO Andy Jassy told investors AWS can become a trillion-dollar revenue business within five to ten years — but only after years of record capital spending on AI infrastructure.