Key Takeaways: Orange is committing €3 billion to data-center infrastructure, positioning the French telecom operator to capture rising demand from artificial intelligence and cloud computing. The investment also gives Europe another potential building block for keeping sensitive data and AI workloads within regio
Key Takeaways: Nscale is heading toward a multi-billion-dollar New York float that could turn founder Joshua Payne’s stake into a holding worth close to $500 million. The potential outcome reflects both the speed of Nscale’s rise and investors’ appetite for businesses supplying the computing foundations of artific
Key Takeaways: David Tepper’s three largest AI positions amount to more than a collection of popular technology stocks. At the end of the second quarter, Amazon represented more than 15% of Appaloosa Management’s portfolio, Micron accounted for over 14%, and Taiwan Semiconductor Manufacturing represented more than
Key Takeaways: Feeding Laramie Valley is scaling back food-access programs in Albany County after federal grants were halted, modified, or ended amid Department of Government Efficiency cuts. The disruption forced Feeding Laramie Valley to suspend free fruit and vegetable shares and abandon plans for a commercial
Key Takeaways: Google and Blackstone are moving deeper into AI infrastructure with a cloud venture aimed at expanding access to computing services. The two announced the venture in May, positioning it as a response to demand from organizations training, deploying, and operating increasingly resource-intensive AI m
Key Takeaways: ProjectX has raised US$4.6 million from Y Combinator, OpenAI, Pontaq VC, and Eight Capital, giving the cloud computing startup fresh capital to develop its operations from rural Bengal and pursue customers beyond its immediate market. The funding is notable for more than the names on the investor li
Key Takeaways: Oracle’s latest layoffs in Austin put the human cost of its AI infrastructure strategy back in focus. The reductions are part of a wider restructuring that has taken the company’s global workforce from about 162,000 to 141,000 employees during fiscal 2026. That roughly 13% contraction represents aro
Key Takeaways: Oracle is increasing planned restructuring spending by $700 million as the software and cloud provider absorbs the rising cost of building infrastructure for artificial intelligence workloads. The expanded plan puts a sharper number on a trend already visible across the technology sector: capital is
Key Takeaways: Clay has raised $115 million in Series D financing at a $7.1 billion valuation, giving the New York-based AI go-to-market business fresh capital to expand its vision of a self-learning revenue engine. Wellington led the round, with participation from Sequoia, StepStone, Andreessen Horowitz (a16z) Pe
Key Takeaways: Bloomberg reports that Crusoe has completed a funding round exceeding $3 billion, giving the AI cloud and data center infrastructure specialist a post-money valuation of approximately $30 billion. Atreides Management and Valor Equity Partners co-led the financing, with Mubadala Capital also particip