Lambda inks multibillion-dollar AI infrastructure deal with Microsoft
This deal was announced just hours after Microsoft announced a $9.7 billion deal with Australian data center company IREN.
Enterprise
Rising energy prices put AI and data centers in the crosshairs
A majority of consumers say they’re worried about data centers driving up electricity costs. Is the industry prepared for a possible backlash?
AI mania tanks CoreWeave’s Core Scientific acquisition; it buys Python notebook Marimo
CoreWeave’s failed buy of Core Scientific is another sign of an AI bubble. But it’s still shopping.
AWS exceeds Wall Street’s expectations as demand for cloud infra remains high
AWS continues to see strong demand as companies gobble up its cloud infrastructure services in the age of AI.
Nvidia expands AI ties with Hyundai, Samsung, SK, Naver
NVIDIA CEO Jensen Huang is visiting South Korea to strengthen partnerships with Samsung, Hyundai, SK, and Naver, unveiling plans for AI-powered networks and next-generation intelligent systems.
Nvidia is reportedly investing up to $1 billion in Poolside
Nvidia is an existing investor in the AI company and participated in it’s $500 million Series A round in 2024.
Google partners with Ambani’s Reliance to offer free AI Pro access to millions of Jio users in India
The offer will first roll out to Jio users aged 18 to 25 before expanding to all subscribers nationwide.
Box CEO Aaron Levie on how AI is changing the enterprise SaaS landscape
He painted a picture of a future of enterprise software where the SaaS is used for the core business workflow, and then the agents ride on top of that.
Apple and Microsoft are now both worth more than $4T
This is the first time Apple’s market capitalization has crossed the $4 trillion mark, making it the third company to ever cross the milestone after Nvidia and Microsoft.
Amazon to cut 14,000 corporate jobs
Amazon said on Tuesday that it plans to reduce its corporate workforce by 14,000 jobs as it seeks to reduce bureaucracy, remove layers and invest more in its AI strategy.