14 stories
Private credit firms rushing to finance the artificial intelligence buildout risk encountering the same concentration problems that have plagued lenders exposed to software companies, according to Carlyle Group Inc.
An alliance that includes Blackstone’s QTS, NextEra Energy Inc. and Siemens Energy AG is preparing to counter a wellspring of opposition to artificial intelligence and other infrastructure development that’s bubbled up across Texas.
Infinigence AI, a Chinese AI cloud infrastructure provider, is preparing for a Hong Kong listing as early as the first half of next year to capitalize on demand for computing resources to power artificial intelligence models and agents.
Nokia Oyj and satellite startup Iceye are planning to build secure European communication systems in orbit for defense and security matters, taking advantage of the growing urgency on the continent for sovereign services.
India’s Axis Bank Ltd. plans to double its exposure to data centers over the next three years, a top executive said, as the nation’s artificial intelligence push spurs investment in digital infrastructure.
Amazon.com Inc. has agreed to purchase 690 megawatts of power from Constellation Energy Corp. in a deal that will help the biggest US nuclear operator boost capacity at the only reactors in Maryland.
Shares of Accelevation Holdings Corp., a data center infrastructure company, declined 2.5% after the company and its private equity backer raised $540 million in an initial public offering priced below its marketed range.
Valor Equity Partners and Atreides Management led a $50 million investment into agentic hardware company Flow Engineering, as the race to automate the physical world heats up.
Tinder is launching a new feature called Group Hangouts designed to take the pressure off one-on-one dates, marking its latest effort to court younger users who have otherwise grown jaded with dating apps.The feature will roll out gradually in select US markets starting Wednesday, the company said…
MSCI is offering the ability to make more precise bets across the AI supply chain.
Micron Technology Inc. shares have rebounded from a summer selloff as fears about a potential pullback in AI spending have faded. Now investors want assurances from the memory-chip maker that the long-term outlook for demand remains bright.
Chinese technology hardware shares are on track for their poorest quarterly performance, following a brutal July selloff triggered by concerns over AI firms’ ability to justify stretched valuations and high spending.
Bloom Energy Corp. Chief Executive Officer KR Sridhar says he’s confident that “speed bumps” in the buildout of artificial-intelligence infrastructure won’t hurt the company’s growth plans.
Accelevation Holdings Corp., a data center infrastructure company, and backer Olympus Partners raised $540 million in a US initial public offering priced below its marketed range, after a handful of first-time share sales were postponed.
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