This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.
AI-linked stocks slid on October 22 as Meta's new share class and rising spending raised fresh doubts about who pays for the AI buildout. Nvidia fell about 4% and the Nasdaq lost 2.6%.
Trump told AI data center builders to pay host communities a dividend and make their own power, but the best known cash offer, $10,000 per household in Pennsylvania, has already been turned down.
CoreWeave's credit default swap spreads have surged past 1,000 basis points, pricing in a more than 60% chance of default within five years. The distress signals growing investor anxiety over the massive
French cloud company Scaleway will build its first AI supercomputer outside France in Sweden using AMD Instinct MI355X chips, opening a Nvidia-alternative option to European startups and businesses, with
Microsoft plans to more than triple its global data center capacity from roughly 12 gigawatts today to over 38 gigawatts by 2032, with AI-specific infrastructure growing sixfold to make up about a third
China Reportedly Eases Restrictions on Nvidia H200 AI Chips as AI Race Intensifies
