Muse’s early growth could give Meta a route to AI revenue beyond advertising, but J.P. Morgan expects broader monetization to wait until at least 2027.

The final deal was $1.2 billion larger than CoreWeave’s initial proposal, while capped calls are designed to limit dilution up to a $199.70 share price.

The potential direct lease could require at least $40 billion in capital, with Google reportedly considering credit support and Anthropic taking greater responsibility for its infrastructure.

Morgan Stanley projects a 33 GW power deficit for AI stocks through 2028, equal to roughly 34% of net chip demand, growing to ...

This moratorium is the latest regulatory blow to Texas’s data center industry as the government wrestles with over 400 GW of ...

Texas Gov. Greg Abbott has ordered the Texas Commission on Environmental Quality to halt permits sought by data-center ...

Rothschild & Co Redburn initiated coverage of IREN with a Neutral rating and a $40 price target while taking a considerably more bearish view of neocloud rivals CoreWeave and Nebius.

The TCEQ order adds a statewide environmental gate beyond ERCOT interconnection, leaving projects without a firm timetable for receiving affected air and water approvals.

New Era Energy has signed a 207 MW power purchase agreement with Vistra for its planned Odessa, Texas, data center campus, ...

Morgan Stanley says the AI power bottleneck is worse than you think. And it’s not just because data center firms are ...

Amazon has blocked Meta’s Muse AI agent from accessing its retail platform, opening a new front in the competition to control AI-driven online commerce. Amazon said it first asked Meta to voluntarily ...

Bitcoin’s rally following the Fed rate hike challenges the assumption that higher interest rates are necessarily bearish for ...