Hyperscaler stocks climbed broadly as positive earnings results from Microsoft and Amazon buoyed investor confidence in artificial intelligence leaders, with Microsoft crossing $100 billion in annual Azure sales and Amazon surpassing a $3 trillion market capitalization for the first time, according to company reports. Microsoft and Amazon Fuel Hyperscaler Stock Surge Technology sector shares rallied … Read more
JPMorgan Chase CEO Jamie Dimon has his doubts that the AI spending boom will turn out the way investors are hoping for. Still, he’s willing to entertain one of the AI build-out’s more extraordinary projects: SpaceX’s ambition to put data centers in space. “When I look at AI itself, the amount of money being spent … Read more
Core Scientific Inc. (NASDAQ:CORZ) has emerged as a focal point for investors tracking the intersection of Bitcoin mining infrastructure and high-performance computing (HPC). Financial analysts at BTIG and Lucid Capital recently issued Buy ratings, citing the company’s pivot to modular AI data centers and its access to power capacity as primary drivers for potential stock … Read more
Ecolab (NYSE:ECL) has completed its early acquisition of CoolIT Systems for US$4.75b. This transaction expands Ecolab’s reach into high-density data center and semiconductor fabrication cooling, positioning the company to support the growing thermal management needs of AI infrastructure and digitalized manufacturing. Why did Ecolab acquire CoolIT Systems? Ecolab management has linked this acquisition to a … Read more
Oracle has officially warned investors that its aggressive transition into an artificial intelligence infrastructure provider carries significant financial and operational risks. According to the company’s June annual report, the tech giant faces potential hurdles including supply chain bottlenecks, rising energy costs, and the creditworthiness of its AI-focused customers. Despite these challenges, Oracle plans to increase … Read more
Data center developers are increasingly turning to onsite power generation and carbon capture technologies to bypass grid capacity constraints, according to Bloom Energy’s Mid-Year Pulse Report. New data indicates that 31% of onsite-powered data centers plan to integrate carbon capture, utilization, and storage (CCUS) by 2030, a figure expected to rise to 41% by 2035 … Read more
Marvell Technology (NasdaqGS:MRVL) has reached a critical juncture in AI infrastructure development, marked by the release of its 102.4 Tbps Teralynx T100 switch and the shipment of over 5 million coherent photonic integrated circuits. According to data provided by Simply Wall St, these hardware milestones support a 323.6% stock price gain over the past year, … Read more
Space Exploration Technologies (NASDAQ: SPCX) identifies a $28.5 trillion total addressable market in its S-1 filing, allocating $26.5 trillion of that value to artificial intelligence opportunities. The company intends to leverage space-based data centers and a proposed 1-million-satellite constellation to provide AI compute capacity, potentially bypassing terrestrial power and resource limitations. Why is SpaceX shifting … Read more
Apple is expanding its Private Cloud Compute (PCC) infrastructure to Google Cloud, utilizing Nvidia’s AI accelerators to power Apple Intelligence workloads. This move marks a shift from Apple’s reliance on its own custom silicon to incorporating Nvidia’s hardware for server-side inference, according to a recent announcement from Nvidia. Why is Apple partnering with Google and … Read more
The Shifting Landscape: Why Inference Is the New Frontier of AI For years, the artificial intelligence narrative was dominated by the massive compute requirements of the training phase. However, as of late last year, industry analysts have identified a pivot: inference workloads are rapidly becoming the primary driver of AI computing power. As organizations move … Read more