OpenAI has signed a five-year, $11.9 billion contract with cloud provider CoreWeave to secure AI computing resources, while also acquiring a $350 million equity stake in the company. This significant investment comes as...
Elon Musk's AI company xAI has acquired a 1 million-square-foot property in Memphis to expand its AI data center operations, complementing its existing facility. The company plans to upgrade its primary Memphis facility...
OpenAI CEO Sam Altman revealed that the company is facing GPU shortages that are forcing a staggered rollout of its new GPT-4.5 model. The massive and expensive model, which is being priced at $75 per million input token...
Microsoft has canceled leases totaling approximately two data centers' worth of capacity with multiple providers. This contraction stands in contrast to significant industry expansion, including the $500 billion Stargate...
Elon Musk's xAI has applied for permits to continue operating 15 gas turbines powering its "Colossus" supercomputer in Memphis through 2030, despite emissions exceeding EPA hazardous air pollutant limits. The turbines, w...
Amazon has announced plans to spend over $100 billion on capital expenditures in 2025, with the vast majority dedicated to AI capabilities for its AWS cloud division. This represents a significant increase from Amazon's...
India's IT minister Ashwini Vaishnaw has announced plans to host Chinese AI lab DeepSeek's models on domestic servers, marking a rare allowance for Chinese technology in a country that has banned over 300 Chinese apps si...
