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Bank of America, Blackstone, Citi and Morgan Stanley will finance $63 billion of Broadcom chips for Anthropic, with Broadcom backstopping senior lenders. Moody's has already flagged the risk of repeat de
Highway crews hacking freight accounts, spoofing GPS and ramming escort cars have reportedly stolen more than $100 million in data center equipment since June, and investigators say some of it is headed
Nvidia is putting $3 billion into Meta's stock offering, and Meta says it will deploy more Vera Rubin hardware in return. The AI money loop between supplier and customer just got a lot tighter.
Unconventional AI is buying Israeli chipmaker NeuReality after AI tools sped up its research so much that Naveen Rao told Reuters it needs production engineers years ahead of schedule.
Microsoft opened voluntary buyouts to about a quarter of its staff, up to vice president level, and they have until early December to decide. The memo never says AI, but the $175 billion capex forecast s
Meta launched a record equity raise of up to $95 billion to pay for its AI build out, and Nvidia, AMD and Broadcom have expressed interest in buying up to $5 billion of the shares.