CoreWeave's distressed debt rattles AI infrastructure investors as credit markets sour
CoreWeave's bonds slipped into distressed territory, exposing how heavily leveraged cloud infrastructure providers underpin the AI boom.
The Verge · +2 outlets
US bars DeepSeek from federal agency systems on national security grounds
The Trump administration blocked civilian agencies from using products or services from the Chinese AI startup, extending tech restrictions between Washington a
Bloomberg · +7 outlets
Anthropic in talks for roughly $45B cloud computing deal with Nscale
The reported agreement would be one of the largest AI compute procurement contracts to date, underscoring the scale of infrastructure spending by model develope
Bloomberg · +5 outlets
Australia to sue Facebook, TikTok and other platforms over under-16 social media ban
The government says major digital platforms have not complied with the nationwide ban on social media for children under 16.
Bloomberg · +13 outlets
Microsoft pulls out of Nscale UK data-center deal over power-supply issues
The withdrawal highlights electricity constraints as a growing bottleneck for AI data-center buildout in Europe.
WSJ · +13 outlets
Data-center firm Elice plunges 32% in Korea IPO debut on AI valuation fears
The weak listing signals investor skepticism about whether AI infrastructure spending can justify current valuations.
Bloomberg · +5 outlets
AI chip startup Tenstorrent raises funds at about $6.2 billion valuation
The $1.5 billion round gives the Jim Keller-led chip designer capital to scale its Galaxy server program and AI IP.
Bloomberg.com · +14 outlets
Sea launches enterprise cloud business and weighs fintech arm IPO
The Singapore internet giant is pursuing new growth avenues as its stock has fallen sharply.
Bloomberg · +3 outlets
US building most fossil fuel infrastructure in a decade as data-center power demand climbs
A new report finds renewable growth slowing while electricity demand rises faster than in more than a decade.
The Verge · +14 outlets
Eric Schmidt's ~1% Anthropic stake set for massive windfall
The former Google CEO's early investment in Anthropic positions him for one of the largest individual payouts from the AI boom.
Bloomberg · +6 outlets
Amazon funds new nuclear plant in Indiana with X-energy and AEP
The agreement would replace a defunct coal plant as large tech companies seek firm power for data centers.
The Verge · +14 outlets
Alibaba backs Chinese robovan maker Neolix in $400 million fundraising
The driverless delivery vehicle maker will use the capital to fund global expansion.
Bloomberg · +3 outlets
Elon Musk to give one SpaceX share to 'every kid in America' via Trump Accounts
The pledge would amount to more than $10.5 billion and route the shares through the new government-backed savings accounts.
Variety · +14 outlets
AI tool used in Korean bank hacks also deployed against Japanese firms, GMO says
A Tokyo security firm links a China-developed hacking tool to breaches at major Japanese companies and South Korean banks.
Bloomberg · +14 outlets
Z.AI founders worked on research funded by China institute UK tied to spies
The disclosure raises scrutiny of talent and research links between Chinese AI startups and state-affiliated institutions.
Bloomberg · +4 outlets
CATL's Hong Kong-Shenzhen valuation gap highlights investor divide before earnings
Offshore-listed shares hold a premium over onshore peers after a months-long selloff, reflecting differing investor views.
Bloomberg · +2 outlets
JPMorgan discloses first $5 billion of defense investments, spanning robot factories and hypersonics
The bank's security and resilience push is one of the largest private capital commitments to defense manufacturing.
CNBC
Tenstorrent and other AI names aside, big tech earnings seen as key AI test, Ives says
Upcoming quarterly results from major technology companies are viewed as an important confidence check on AI spending.
Bloomberg