Google-linked data centres selling record US$5.7 billion junk bond
[NEW YORK] Data centres linked to Alphabet’s Google are seeking to raise US$5.7 billion from a junk-bond sale, in what would be the largest deal of its kind to finance the artificial intelligence buildout boom. Morgan Stanley kicked off its marketing on Wednesday (Apr 15), and is expected to price the notes as soon as […]
Why AI systems fail at scale and what you should measure instead of model accuracy
A model can be 95% accurate and still be a disaster if it’s too slow or drifts. Don’t just watch the model — watch the plumbing, the data loops and the blast radius. A few years ago, I was part of a team rolling out an AI capability into a large enterprise environment. The model […]
AI deployment has ‘stalled’ for most Asia companies: report
[SINGAPORE] Organisations in Asia have hit roadblocks in transforming their operations and generating new revenue streams through artificial intelligence, Singapore Technologies Telemedia Global Data Centres (STT GDC) has found. Although about 90 per cent of organisations in the region have started to adopt AI, 71 per cent struggle to scale AI pilots into production, STT GDC […]
Researchers from MIT, NVIDIA, and Zhejiang University Propose TriAttention: A KV Cache Compression Method That Matches Full Attention at 2.5× Higher Throughput
Long-chain reasoning is one of the most compute-intensive tasks in modern large language models. When a model like DeepSeek-R1 or Qwen3 works through a complex math problem, it can generate tens of thousands of tokens before arriving at an answer. Every one of those tokens must be stored in what is called the KV cache […]
OpenAI’s $852 billion valuation faces investor scrutiny amid strategy shift, FT reports
April 14 (Reuters) – OpenAI’s $852 billion valuation is under scrutiny from some of its own backers as the company shifts its focus to the enterprise market to fend off competition from Anthropic, the Financial Times reported on Tuesday. Last month, OpenAI raised $122 billion in what would likely rank as the largest fundraising round in Silicon […]
Microsoft’s 3,200 Acres Data Center Land Purchase—and the Utility Stock That Benefits
Microsoft is boosting its footprint in Wyoming with its intent to purchase 3,200 acres for a new data center. (Faina Gurevich / Dreamstime) Black Hills Corp. shares rose on Tuesday after Microsoft announced plans to purchase approximately 3,200 acres in Cheyenne, Wyo., to develop a data center.
We don’t want it, residents tell developers eyeing $5.5B data center in Slate Belt
Multiple public speakers at a town hall said they don’t want a data center regardless of any promised benefits. Developers hosted a town hall Thursday at Bangor Middle School regarding a proposed data center campus in Lower Mount Bethel Township. Russia: Rainy weather in Moscow Representatives from developers J.G. Petrucci Company and Peron Development spoke, along with representatives […]
Nvidia-backed SiFive hits $3.65B valuation for open AI chips
SiFive, a company founded in 2015 by the UC Berkeley engineers who created an open source chip design, has landed a $400 million oversubscribed round that values the company at $3.65 billion. This deal is interesting for a bunch of reasons. For one, SiFive’s RISC-V open chip design is based on the RISC processor, not Intel’s x86 […]
AI data center startup Fluidstack in talks for $1B round at $18B valuation months after hitting $7.5B, says report
Fluidstack, a startup that builds specialized data centers for AI companies, is in talks to raise a $1 billion round at an $18 billion valuation, potentially led by Jane Street, Bloomberg reports. Should this deal come to fruition, it would more than double Fluidstack’s valuation in a matter of months. In December, the company was reportedly raising […]
Data centers could spur a utility spending spree, report finds. Here’s the impact.
U.S. utility companies are planning to invest $1.4 trillion over the next five years to update the nation’s ailing power grid as the data center boom intensifies the need for electricity. That’s according to a new report released Tuesday by the nonpartisan nonprofit consumer education organization PowerLines, which analyzed capital spending plans from 51 investor-owned utilities. A […]