Latest
Most popular
Exclusive

Meta Data Center Deal Tests Limits of AI Debt Markets

Bond markets are getting tough for lower-rated borrowers. One example: CleanSpark, which is developing a data center for Meta Platforms, had to offer investors big concessions to land financing earlier this month. That deal is among the clearest signs yet that financing the data center boom is getting expensive across the board, and investors are getting picky about which new projects they’ll back. The bank loan market too is showing signs of strain, with some lenders like...

Banks Including SocGen, MUFG Pull Back From Data Center Loan Deals

With some lenders becoming more selective, companies may struggle to line up financing for planned data center projects.

Sydney Sweeney-Backed Novig Raised at $2 Billion Valuation

Novig, a sports-only prediction market, saw its valuation jumping from $500 million in Feb.

Apple Plans Aggressive New Push Into Smart Home

Bloomberg reports the company will soon launch a smart home hub, as well as updated speaker and TV set top box.

Exclusive: GPU Cloud Provider GMI Raises $668 Million From Nvidia and Others

It’s one of seven firms that build facilities entirely based on Nvidia’s recommendations.

Featured Newsletters

View all

President Trump Announces ‘Super Intelligence’ Accord, Renames AI

The joint commitment from OpenAI, Anthropic and others includes broad agreements around internal controls and auditing.

Google, Microsoft Join Industry Group to Standardize Enterprise Data For AI

The search and cloud provider becomes the latest major software company to join Apache Ossie, an industry group working to help AI tools access data.

OpenAI in Early Talks to Raise $30 Billion Before an IPO

Investors' interest in OpenAI comes before an expected IPO in 2027.

Meta Adapts Muse Agent For Small Businesses

The adaption adds integrations with Slack, QuickBooks, Zoom and other workplace tools, allowing small businesses to manage operations across multiple apps in one place.

What happens when Silicon Valley logs off—the trends, people and companies shaping tech culture.

View all

OpenAI Nears $70 Billion in Annualized Revenue

Its revenue pace has grown around 70% from the beginning of the third quarter.

Anthropic Discloses up to $84.5 Billion in SpaceX Compute Agreements

SpaceX previously said it had an agreement with Anthropic to lease the company up to nearly $45 billion worth of computing capacity earlier this year.

Search our community Directory to engage with others who are serious about tech and business.

Amazon Looks to Further Automate Media Buying With New Agentic Tools

Using AI to Automate Buying Media Across a Variety of Channels is popular at Google, Meta

Oura Postpones IPO, Citing “Uncertainty” in IPO Market

Oura, which was due to go public this week, had faced skepticism in the market.

Samsung Invests $1 Billion in KKR-Backed AI Infrastructure Firm Helix

Soaring AI demand has prompted tech companies, energy providers and investment firms to collaborate on infrastructure deals and projects.

Anthropic’s Confidential Filing Reveals Customer Concentration

Anthropic said nearly a quarter of its $4.6 billion in revenue last year came from just two customers.
Read more