SpaceX files for a public offering at a $1.75T+ valuation following its merger with xAI, with Musk planning orbital AI data centers funded by the IPO.

Oracle is laying off thousands of employees to free up cash flow as the company aggressively ramps up its spending on AI data centers and infrastructure.

AI cloud firm CoreWeave has raised $8.5B in a GPU-backed loan facility supported by a Meta deal, funding a major expansion of its compute capacity.

Nvidia's GTC 2026 keynote unveiled the Vera Rubin platform and a $27B Nebius-Meta infrastructure pact, marking the industrialization of the AI token economy and the dawn of agentic scaling.

Meta has signed a landmark AI infrastructure agreement with Nebius Group worth up to $27 billion, providing massive cloud computing capacity for Meta's AI workloads and sending Nebius stock sharply higher.

BlackRock Chairman and CEO Larry Fink warned at an infrastructure summit that the accelerating AI investment race will inevitably produce corporate bankruptcies among companies that over-leverage on data centers and AI infrastructure, calling the shakeout a natural feature of capitalism.

Google LLC has officially closed its $32 billion acquisition of Wiz, the leading cloud and AI security platform, which will join Google Cloud while maintaining its multi-cloud commitment.

Oracle reported fiscal Q3 2026 results that surpassed Wall Street estimates, with cloud revenue up 44% year-over-year to $8.9 billion and remaining performance obligations quadrupling to $553 billion, as the company raised its fiscal 2027 revenue guidance to $90 billion on surging AI infrastructure demand.

OpenAI and Oracle have scrapped plans to expand their Abilene, Texas Stargate AI data center from 1.2 GW to 2.0 GW after financing negotiations collapsed and reliability issues emerged, with Nvidia helping attract Meta as a potential replacement tenant.

Optical interconnect startup Ayar Labs closes a $500 million funding round backed by NVIDIA and AMD, reaching a $3.75 billion valuation, as demand for high-speed AI data center networking accelerates.

Tech giants like Microsoft, Google, and Oracle are pouring billions into AI infrastructure, striking massive deals with OpenAI and other AI companies to power the next generation of artificial intelligence.

Meta and AMD announced a major expansion of their strategic partnership, committing to deploy 6 gigawatts of AMD GPU infrastructure for AI workloads, diversifying Meta's compute stack just days after pledging millions of Nvidia GPUs.

Bridgewater Associates projects that the world's largest tech companies will collectively invest approximately $650 billion in artificial intelligence infrastructure in 2026, while warning of significant economic concentration risks.

From Bernie Sanders to Ron DeSantis, politicians across the U.S. are calling to regulate or halt AI data center construction amid voter concerns over rising electricity bills, water use, and environmental impact.

OpenAI is telling investors it now targets roughly $600 billion in total compute spend by 2030—down from a previously touted $1.4 trillion—while projecting $280 billion in annual revenue and finalizing a $100 billion funding round.

OpenAI has told investors it now targets approximately $600 billion in compute spending through 2030, resetting earlier projections as the company scales its AI infrastructure ambitions.

Google DeepMind CEO Demis Hassabis told CNBC that the global memory chip supply chain is severely constrained, limiting AI model deployment and research, even for Google despite its proprietary TPU infrastructure.

AI spending is projected to hit $2.5 trillion in 2026, a 44% increase from 2025, surpassing the cost of the Apollo Program and Manhattan Project combined.

Bipartisan activists across US states successfully halted $98B in AI data center projects in Q2 2025, citing concerns over electricity, water, and environmental impact.

OpenAI announces nationwide India expansion with Tata Group, securing 100MW data center capacity and deploying ChatGPT Enterprise across TCS workforce.