A record number of data centers are in the works for next year
In 2025, more data centers will be under construction in the US than ever before, according to a new forecast from real-estate services firm . The firm is expecting 4,750 data centers will be in the p...
America’s AI boom in one chart
One way to illustrate the AI boom in the US is to look at the number of data centers we have. There were 5,381 US data centers as of March of this year, according to new data from Apollo’s 2025 Econom...
Apple is working on its own chip with Broadcom
is working on building its own AI chip — a key building block for artificial intelligence — with , The Information is reporting . The news comes just a week after fleshed out plans for its own AI chip...
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“Snacks Mix”: Amazon’s supercomputer, a new chapter in the China/US export war, powerful weight-loss drugs, and more
Nia Warfield and Jack Raines run through this week’s market maze as Amazon plans to build a supercomputer, the US and China trade war enters a new chapter, and weight-loss drugs keep getting more pote...
xAI planning to 10x its “Colossus” supercluster
Not content with already having the largest supercomputing cluster in the world, Elon Musk’s xAI is planning on scaling up its “Colossus” supercomputer from 100,000 GPUs to 1 million of the expensive...
Amazon’s AI plans: custom chips, an Anthropic “ultracluster,” and its own foundation model
This week at AWS re:Invent conference in Las Vegas, the company fleshed out its plans to both serve and compete with the larger AI industry. AWS is largely AI agnostic. Customers can use pretty much ...
Elon Musk’s xAI has raised more than $11 billion in record time
Elon Musk making the news is almost routine post-election, but, even for Elon, this week’s headlines are full of some staggering figures : His $100+ billion Tesla pay package was struck down, SpaceX i...
Super Micro soars after internal review finds no management misconduct
Shares of are spiking after the embattled former AI darling said an independent investigation found no evidence of accounting irregularities. Nonetheless, management is following all the recommendati...
Amazon is spending billions to make sure it doesn’t fall behind in AI
With Microsoft tightly intertwined with OpenAI, and Apple, Google, and Meta stuffing their own versions of AI into pretty much all their products, Big Tech is hard at work capturing as much value — or...
Amazon is doubling its investment in Anthropic, OpenAI’s rival, to $8 billion
Amazon is throwing another $4 billion at Anthropic, the artificial intelligence startup founded by former OpenAI executives, intensifying Big Tech’s generative-AI arms race.
Nvidia thinks it has a way to grind plateaus into vertical scale. Trillions of dollars are riding on it
In the past few weeks, there’s been a lot of chatter in the AI world that the current method of building increasingly powerful models may be reaching its limits . The current “scaling law” of today’s ...
Nvidia earnings are going to have to rise above already soaring expectation
As Luke mentioned , earnings report after the close of trading Wednesday represents one of last big hurdles the market faces as the end of 2024 rapidly approaches. At this point, the company’s domina...
Nvidia’s earnings report is the biggest market event left in 2024
Nvidia isn’t the best-performing stock in the S&P 500 this year, but it is the most important driver of the US benchmark index’s massive gains. The chip designer singlehandedly accounts for about 23% ...
How the AI boom got US utilities to refocus on nuclear energy, in one chart
Keeping the semiconductor brain cells that facilitate artificial-intelligence applications firing on all cylinders requires a lot of energy. The constraint on the AI boom right now, according to , is ...
Chip stocks are collapsing. Can Nvidia’s earnings save them?
The AI semiconductor trade has become a one-legged stool. And we’re a couple days away from seeing if that leg can support the weight of the entire market. Chip stocks came under significant pressure ...
Nvidia overtakes Apple to once again become the most valuable US company
has reclaimed its position as the most valuable US company by market capitalization. The chip designer powering the AI boom gained 2.9% on the session, compared to an advance of 0.7% for . That gap al...
Constellation Energy tumbles despite big earnings
, one of the utility stocks that has soared this year amid excitement over power demand from AI data centers, posted strong Q3 results Monday, beating analyst bogeys for the top and bottom lines. But ...
Bees thwart Meta’s plans for nuclear-powered AI data centers
Mark Zuckerberg told staffers last week that bees are keeping from being the first Big Tech company to build nuclear-powered AI data centers, the Financial Times reports . The Meta chief said rare be...
AI cloud computing and ads drive Amazon profits up 54%
soundly beat expectations with its third-quarter earnings, posting a $15.3 billion profit for the quarter — a 54% increase year over year — with revenues of $158.9 billion growing 11% from last year...
Zuckerberg: Meta’s AI-training cluster is bigger than Musk’s
is plowing full speed ahead on AI, and plans to spend a quarter’s worth of revenue on building out its infrastructure for the technology. In a call announcing Meta’s Q3 earnings, CEO Mark Zuckerberg s...