Lambda, a company that runs AI data centers, just got a huge cash boost. They raised $1. 5 billion from a group led by TWG Global. This investment firm is run by some big names like Thomas Tull and Mark Walter. They have a lot of money to play with, including a $15 billion fund focused on AI. TWG has been busy, investing in other AI projects like Elon Musk's xAI and ...
IREN, a company known for its work in bitcoin mining, is making a bold move into the world of artificial intelligence. A recent deal with tech giant Microsoft is set to boost IREN's AI ambitions significantly. This isn't just any deal—it's a whopping $9. 7 billion contract over five years. That's a lot of money, and it shows just how serious IREN is about this shift....
Nebius Group N. V. stock is seeing a boost today. Why? Microsoft is getting a lot of NVIDIA chips from them. This is part of a big deal between the two companies. The deal is worth up to $19. 4 billion. It's all about AI. Microsoft wants to use Nebius's computing power for its AI projects. This includes large language models and a consumer AI assistant. Microsoft i...