Musk Unveils 500-Megawatt xAI Data Center in Saudi Arabia
Elon Musk announced a 500-megawatt xAI data center in Saudi Arabia, built with HUMAIN AI and powered by Nvidia chips, expanding the company’s global compute footprint.
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Elon Musk announced a 500-megawatt xAI data center in Saudi Arabia, built with HUMAIN AI and powered by Nvidia chips, expanding the company’s global compute footprint.
Anthropic is committing $30 billion in Azure compute as part of a major new partnership with Microsoft and Nvidia, expanding Claude and deepening collaboration on AI infrastructure.
Oracle’s bonds are under pressure after reports indicated the company may take on an additional $38 billion in debt to expand its AI and cloud infrastructure, raising concerns among investors.
Spain’s ACS and BlackRock’s Global Infrastructure Partners have created a €2 billion joint venture to develop a 1.7GW data center portfolio as demand for AI and cloud infrastructure accelerates.
Anthropic will spend $50 billion on custom AI data centers in Texas and New York, partnering with Fluidstack to boost U.S. compute capacity and support its long-term research.
AMD CEO Lisa Su dismissed fears of an AI spending bubble, saying Big Tech’s aggressive investments in computing infrastructure are essential to accelerating innovation and long-term growth.
GlobalFoundries beat Wall Street expectations for Q3 and issued upbeat guidance for Q4, citing strong demand from automakers and data center clients amid rising AI and EV chip needs.
Microsoft-backed startup Veir is adapting superconducting cables for data centers, offering systems that deliver megawatts of power in minimal space while reducing heat and energy loss.
AI startup Wonderful secured $100 million in Series A funding led by Index Ventures to expand its multilingual, enterprise-grade AI agent platform across new global markets.
AI hardware startup Tsavorite Scalable Intelligence received over $100 million in pre-orders for its Omni Processing Unit chips, designed to unify CPU, GPU, memory, and connectivity for scalable AI workloads.
Deutsche Telekom and NVIDIA will launch a €1 billion AI cloud in Munich by early 2026, featuring 10,000 Blackwell GPUs and SAP software to power industrial and public sector applications.
Gcore has launched Everywhere AI, a platform enabling enterprises to deploy and manage AI workloads in just three clicks across cloud, hybrid, and on-prem environments.
Palantir expects fourth-quarter revenue to exceed Wall Street estimates, driven by accelerating adoption of its AI platforms across government and commercial sectors.
OpenAI and Amazon Web Services have announced a $38 billion multi-year partnership that will provide OpenAI with massive AWS infrastructure to power advanced AI workloads and future models.
OpenAI is laying the groundwork for an initial public offering that could value the company at up to $1 trillion, positioning it as one of the most anticipated tech listings in history.