Microsoft, Google investments put UK in AI spotlight
Microsoft and Google just announced multi-billion dollar investments in AI infrastructure in the U.K. The news follows similar investments from a range of other cloud players The U.K. is aiming to build itself into an AI powerhouse but faces challenges...
Cloud backlog nears $1T with AI in focus
Hyperscalers had an order backlog of well over $800 million as of June 30. Colocation providers are also feeling pressure from skyrocketing AI demand. But it takes time to build new capacity, which means there’s little short-term relief in sight....
Investors to CoreWeave: Slow down!
Investors reacted poorly to CoreWeave’s first earnings report since its IPO The company posted massive revenue growth and unveiled a new $4 billion deal with OpenAI but also plans to spend a hefty sum on capex Analyst Jack Gold said...