Key Takeaways: According to The Wall Street Journal, citing people familiar with the matter, OpenAI has raised its projected cloud computing expenditure. The report does not provide enough detail to establish the revised amount or the precise period covered, but the direction is significant: OpenAI expects its app
Key Takeaways: Berkshire Hathaway has assembled a roughly $30 billion position in Alphabet, pairing Warren Buffett’s enthusiasm for Google Search with one of the market’s largest bets on artificial intelligence infrastructure. The position combines about $20 billion of Alphabet shares purchased on the open market
Key Takeaways: Amazon Reports 37% AWS Growth as AI Demand Lifts Cloud Sales Key Takeaways: • Amazon Web Services revenue reached $42.23 billion in Q2, its fastest growth in 18 quarters • Enterprise demand for AI workloads helped AWS outperform analysts’ growth expectations • Amazon is raising infrastructure invest
Key Takeaways: CoreWeave Sweetens $2.6 Billion Loan Terms for Anthropic Expansion Key Takeaways: • CoreWeave reportedly increased the yield and offering discount on a $2.6 billion loan after investors pushed for more compensation. • The financing would support capacity tied to Anthropic, adding to scrutiny of Core
Key Takeaways: Quanta Computer Seeks $2.2 Billion in Record Taiwan GDS Sale Key Takeaways: • Quanta Computer is offering 49 million global depositary shares at $43.91 to $44.77 each. • The transaction could become Taiwan’s largest GDR or GDS offering on record. • Proceeds are intended to fund foreign-currency raw-
Key Takeaways: ChangXin Memory Technologies Soars 472% in Shanghai Debut Key Takeaways: • ChangXin Memory Technologies reached a market capitalisation of 3.31 trillion yuan after its shares rose 472 per cent. • The listing strengthens China’s effort to expand domestic DRAM production and compete with Samsung Elect
Key Takeaways: Naver Secures $10 Billion to Build Korea’s AI Infrastructure Key Takeaways: • Nvidia and Brookfield have committed a combined $10 billion to support Naver’s gigawatt-scale AI infrastructure expansion in Korea. • Naver plans to combine Nvidia’s computing technology with Brookfield’s infrastructure ca
Key Takeaways: Anthropic and Poolside Launch Models Built for Agentic Work Key Takeaways: • Anthropic’s Claude Opus 5 targets demanding professional and agentic workloads while keeping pricing in line with Opus 4.8. • Poolside’s open-weights Laguna S 2.1 combines a 1 million-token context window with an efficient
Key Takeaways: HCLTech Commits $1.48 Billion to Odisha AI Data Center Key Takeaways: • HCLTech will invest 142.57 billion rupees in its first AI data center, developed in Bhubaneswar with Sarvam AI and support from the Odisha government. • The project combines computing infrastructure, GPUs, foundation models and
Key Takeaways: Alphabet and Tesla Earnings Moves Stir ASX Futures as Traders Brace for Jobs Data Key Takeaways: • Alphabet and Tesla quarterly results pulled US equities lower in extended trading • ASX 200 futures rose 0.8 percent as local markets prepared for Australia’s June labour report • Nvidia’s rebound and