Amazon’s Mississippi data centers will cost $16 billion
Big Tech is racing to spend billions building AI data centers in some of the poorest communities in America. But that doesn’t mean they will be cheap. planned data centers in Madison County, Mississip...
Despite DeepSeek, the AI energy trade is alive and well
The emergence of DeepSeek’s R1 — the supposedly cheap, effective Chinese AI model that provoked a crisis of confidence in the AI trade earlier this week and hammered market darlings like — didn’t uns...
Goldman analysts offer history lesson on the AI spending binge
In many ways the DeepSeek freak-out on Monday was a mini crisis of confidence related to the vast sums American tech giants are pouring into building out their AI fiefdoms. As Rani Molla has noted rec...
OpenAI raising $40 billion for a $340 billion valuation
The Wall Street Journal is reporting that ChatGPT maker OpenAI is seeking a new $40 billion round of fundraising, more than doubling its current valuation to $340 billion. Last week, at the White Hous...
Are Microsoft and Meta being better allies to chip companies than their own shareholders?
and , the two hyperscalers that reported earnings on Wednesday, are experiencing wildly divergent fortunes: the former is slumping severely after its cloud business failed to impress , while the latte...
Microsoft is lagging behind the Nasdaq 100 since the launch of ChatGPT
has seemingly gone all in on the AI boom, with billions upon billions of investment to bolster its capabilities in this new frontier, more than , , or AWS division. What does it have to show for that...
Why hyperscalers’ quarterly reports were great news for Broadcom and uninspiring for Nvidia
Sure, Microsoft and Meta released earnings on Wednesday , but what they were really reporting was how long we can expect the chip designers key to the AI boom to keep delivering ever-expanding windfal...
Nokia’s CEO is talking up its involvement in AI, stock jumps 7%
Finnish telecoms and once iconic phone maker reported better-than-expected Q4 results Thursday morning , with quarterly net sales climbing 10% to €5.98 billion ($6.2 billion) and comparable group net...
Meta crushes earnings, revenue grows a smashing 21% in Q4
Undaunted by a shocking week in the AI world that questioned the “go big or go home” playbook that and its competitors are following, the company is going full speed ahead. Meta reported strong Q4 ea...
Retail scooped up the Nvidia dip
Retail was indeed a big buyer of high-flying stocks that were sharply discounted by the DeepSeek panic on Monday. Individuals binged on shares, Reuters reports. Citing data from research firm Vanda, ...
Nvidia slumps despite reassuring AI demand news from around the world
Nvidia’s business outlook is seemingly getting a boost from companies all over the world — but the stock is still retreating. The chip designer bounced back from the worst one-day destruction of marke...
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How much Big Tech companies — Google, Microsoft, Amazon, Meta — are spending on capex this year
Earlier this month, Microsoft announced it would be spending $80 billion this year “to build out AI-enabled datacenters to train AI models and deploy AI and cloud-based applications around the world.”...
ASML’s strong pipeline of orders restores faith in AI boom
Dutch semiconductor equipment supplier is soaring after reporting strong fourth-quarter results and a robust pipeline of new business, allaying fears of any abrupt retrenchment in AI-linked spending ...
Traders still like AI, but maybe not data centers
The stock market put together a respectable recovery from the panic of Monday’s DeepSeek dive, especially market behemoth ’s recovery of a solid $125 billion or so in market value to retake the $3 tri...
Power restored to AI energy demand trade
The DeepSeek freak eased Tuesday, as shares of energy suppliers to AI data centers, like , rebounded. Interestingly, — the GE spin-off that makes turbines used in energy production — is the top S&P 5...
Nvidia’s $560 billion drop is biggest monetary loss for any stock, ever
Tip of the cap to Nvidia, whose tumble today wiped more than half a trillion dollars off its market cap, with a few more hours of trading left to go. The data geeks over at Bloomberg say that at least...
Data center trade is sent careening off the rails by DeepSeek
Man, things move fast. Just a few days ago we were saying how the AI data center trade was clearly emerging as perhaps the single biggest winner in the early going of 2025. Yeah, so about that. It see...
DeepSeek’s $6 million AI model just blew a $1 trillion hole in the market. Here’s the only explainer you’ll need on this “Sputnik moment”
Over the weekend, the DeepSeek AI story really exploded . There are a lot of different aspects to this story that strike right at the heart of the moment of this AI frenzy from the biggest tech compan...
A quick and dirty timeline of the market’s DeepSeekFreak
Mega tech stocks plunged in their worst sell-off of 2025 early Monday, with AI darlings like , , and notching some of their biggest stumbles in recent memory. Associated AI plays, like the energy com...
DeepSeek’s dirt-cheap AI puts Microsoft, Meta, Alphabet, and Amazon’s AI spending in perspective
Perhaps what’s most unsettling the markets about China’s powerful new AI model DeepSeek is its price tag — its very small price tag. The company said it spent just $5.6 million to train its latest mod...