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Meta plans to begin manufacturing its in-house Iris AI chip in September as it aims to double computing capacity to 14 gigawatts next year and cut its reliance on Nvidia.
Meta will build its first Canadian data center, a 1-gigawatt AI facility in Alberta costing about C$13 billion, powered largely by a dedicated natural gas plant.
Google has limited Meta’s use of its Gemini AI models after Meta sought more computing capacity than Google could supply, delaying some of Meta’s internal projects.
Anthropic is hiring across Australia and Japan to expand its AI data center capacity in Asia-Pacific, as soaring demand for Claude strains its infrastructure.
SpaceX is pitching investors on a vertically integrated AI strategy spanning chips, data centers and even compute satellites in orbit, bankrolled by Starlink’s profits.
Alphabet plans to raise $80 billion through stock offerings and a strategic investment from Berkshire Hathaway to expand AI infrastructure. The funding will support growing demand for Google’s AI services and computing capacity.
Snowflake shares jumped 35% after the company raised guidance, beat earnings expectations, and announced a $6 billion compute partnership with Amazon.
Google and Blackstone have formed a new AI infrastructure company focused on offering cloud access to Google’s TPU chips. The venture aims to expand alternatives to Nvidia-powered AI infrastructure with $5 billion in initial funding.
Anthropic has signed a compute agreement with SpaceX that adds access to more than 220,000 NVIDIA GPUs at the Colossus 1 data center. The added capacity is already being used to raise Claude usage limits and API availability.
Anthropic has signed a deal to access SpaceXAI’s Colossus 1 supercomputer, adding more than 220,000 NVIDIA GPUs to support Claude training and inference workloads.
Strong CPU demand in Intel’s earnings report has lifted chip stocks, with AMD surging on expectations of broader AI-driven growth. Analysts say CPUs are becoming critical again.
Allbirds is exiting its core footwear business to pivot into AI compute infrastructure, sending its shares soaring. The move reflects growing investor interest in AI-related ventures.
Meta has committed an additional $21 billion to CoreWeave for AI cloud infrastructure, deepening its push into artificial intelligence. The deal highlights rising demand for high-performance compute.
OpenAI has paused its Stargate AI infrastructure project in the UK, citing high energy costs and regulatory uncertainty. The move raises questions about the country’s AI ambitions.
Marvell Technology shares jumped after Nvidia announced a $2 billion investment, boosting confidence in its role in AI infrastructure.