BlackRock, IFM close in on USD 25 billion Stack Infrastructure Asia data centre deal
A consortium backed by BlackRock and IFM has reportedly entered exclusive talks...
AI Boom
Financing of historic AI buildout in US raises ‘systemic risks,’ says research
As per academician Stijn Van Nieuwerburgh, the cash buildout has transformed into...
Despite AI boom, energy shock to weigh on 2027 global economic outlook, says OECD
As per the OECD, after 2025's 3.4% GDP growth, the global economy...
Nvidia rival AMD joins USD 1 trillion club, continues its stock market rebound
AMD has accelerated its AI product launches and transformed its business model...
Chipmaker Altera confidentially files for US IPO, eyes raising over USD 2 billion
Altera is known for making programmable chips used in data centers, telecom...
Increasing data centre footprint: Google picks Finland for its biggest Europe investment
The 13 billion expansion will add data centres, secure nuclear power and...
Diversifying its funding source, Amazon to tap sterling bond market
Hyperscalers are increasingly selling bonds across the global markets, with the goal...
AI boom puts data centres at heart of USD 31.6 trillion investment supercycle
PwC says annual data centre capex could rise to USD 1.8 trillion...
Major shift in Microsoft’s financial reporting as Azure finds mention for first time
Azure had USD 29.4 billion in sales in its most recently ended...
Nvidia forecasts 70% sales growth, assures investors about AI boom’s longevity
However, the venture has also warned that shortages of memory components would...