Tag: Data Centers

Highway Thieves Are Ramming Escort Cars to Steal Millions in AI Data Center Gear

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 Puts $3 Billion Into Meta, the Customer Buying Its Chips

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.

Naveen Rao Bets on Israeli Chipmaker NeuReality as His $4.5B Startup Outruns Its Own Plan

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 Opens Voluntary Buyouts to a Quarter of Its Staff While AI Spending Soars

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 Is Selling Up to $95 Billion in Stock and Its Own Chip Suppliers Want In

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.

Elon Musk Says SpaceX Locked In $40 Billion for AI Chips and Most Neocloud Rivals Will Die

Elon Musk says SpaceX closed $40 billion in debt to buy GPUs, then predicted more than 200 rival neoclouds face "guppy-level death", knocking CoreWeave, Nebius and Iren shares lower in premarket trading

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.