Starcloud Hits $1.1B Valuation to Build AI Data Centers in Space
Starcloud reaches $1.1B valuation to build orbital AI data centers, launching GPU-powered satellites and targeting space-based compute infrastructure.
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Starcloud reaches $1.1B valuation to build orbital AI data centers, launching GPU-powered satellites and targeting space-based compute infrastructure.
Bitdeer Technologies is building Norway’s largest AI data center, signaling a deeper shift from crypto mining to AI infrastructure.
SpaceX is preparing a record-breaking IPO that could raise $75 billion, combining its space business with AI ambitions through xAI integration.
Mistral AI has raised $830 million in debt to build a new data center near Paris, expanding its AI infrastructure across Europe.
DDR5 memory prices are showing early signs of decline after Google’s TurboQuant algorithm reduced AI memory requirements, easing pressure on global DRAM supply.
SoftBank has secured a $40 billion bridge loan to deepen its investment in OpenAI and accelerate its broader AI strategy.
Nvidia faces a certified class action lawsuit alleging it misled investors about crypto mining’s impact on GPU revenue. The case could shape disclosure standards for AI and crypto-linked firms.
Mark Warner proposed taxing AI data centers to fund worker retraining, as concerns grow over job displacement linked to artificial intelligence.
Bitcoin mining firms are shifting toward AI and high-performance computing as falling prices and rising costs pressure profitability across the sector.
Google has introduced TurboQuant, a new compression algorithm that reduces memory usage in AI systems while maintaining accuracy, improving performance in large models and search.
Space stocks rallied after reports that SpaceX may file for an IPO, highlighting growing investor interest in space and AI infrastructure markets.
Bernie Sanders and Alexandria Ocasio-Cortez proposed a ban on large AI data centers, citing environmental and regulatory concerns tied to rapid infrastructure expansion.
President Donald Trump has appointed top tech executives, including leaders from Meta, Nvidia, and Oracle, to a council shaping U.S. AI policy and strategy.
Micron Technology reported strong AI-driven earnings growth, but its stock fell following the results as investors reacted to valuation concerns and supply constraints.
Microsoft has agreed to lease a major AI data center project in Texas previously linked to Oracle and OpenAI. The move highlights ongoing shifts in infrastructure strategy for generative AI.