Baidu’s AI chip division, Kunlunxin, has confidentially filed for a Hong Kong IPO. The move aims to highlight the unit’s value and attract investors focused on AI hardware and software.
Goldman Sachs and Newmark Group are raising capital to develop private power sites for AI data centers in Texas. The effort reflects growing Wall Street focus on AI-driven energy infrastructure.
Nvidia has signed a non-exclusive licensing deal with AI chip developer Groq and will hire its founder and senior executives. The agreement highlights Nvidia’s push to expand AI computing capabilities amid rising competition.
Goodman Group and CPP Investments have formed a AUD 14 billion joint venture to develop large-scale data centers across major European markets. The partnership targets rising demand driven by cloud computing and AI workloads.
Alphabet announced plans to acquire Intersect for $4.75 billion, aiming to expand data center capacity and accelerate energy innovation. The acquisition includes in-development projects and Intersect’s technical team.
Biren Technology aims to raise HK$4.85 billion in its Hong Kong IPO, targeting AI chip development and intelligent computing growth amid strong investor interest.
The House approved the SPEED Act to speed federal permits for AI infrastructure, tightening environmental review timelines as lawmakers debate energy, data centers, and competitiveness.
Amazon appointed AWS veteran Peter DeSantis to head a new AI group managing Nova models, custom chips, and quantum computing as it deepens its AI strategy.
Amazon is reportedly in early talks to invest up to $10 billion in OpenAI in a deal tied to the use of its AI chips. The discussions reflect a broader trend of circular partnerships shaping the AI infrastructure market.
Nvidia is reportedly planning to increase production of its H200 AI training chips following approval to sell them in China.
Microsoft will invest $17.5 billion over four years to expand AI and cloud infrastructure in India, supporting national AI platforms and workforce training initiatives.
Naveen Rao’s new startup Unconventional AI secures $475 million at a $4.5 billion valuation to build radically energy-efficient computing for AI workloads.
The U.S. Commerce Department will let Nvidia export H200 AI chips to approved Chinese customers, with a 25% revenue share going to the U.S., despite Congressional concerns over national security.
Tata Electronics and Intel form a strategic alliance to build semiconductor fabs, AI PC solutions, and advanced packaging in India, targeting a top-five global market by 2030.
Nvidia partner Foxconn reports a 26% revenue increase in November as demand for next-generation AI infrastructure rises.