How OpenAI scrambled for compute as Stargate stalled amid clashes with SoftBank; sources say OpenAI building its own data centers is not its near-term priority
When President Donald Trump announced the $500 billion Stargate AI data center project in January 2025, the three companies charged …
Q&A with IMG President Adam Kelly on streaming platforms' growing share of sports media rights, live sports as an antidote to AI content, monetization, and more
As Netflix and Apple expand their sports ambitions, the head of IMG says media rights are entering a new phase driven by scarcity, retention and measurable returns
Xiaomi President Lu Weibing says the company expects a shortfall in memory chips to push up mobile device prices in 2026, after SMIC's similar warning last week
Bloomberg :
Blackstone President Jonathan Gray says AI risk is “top of our list” when evaluating deals; sources: the firm backed down from buying companies vulnerable to AI
“People say, ‘This smells like a bubble,’” but they're not asking: 'What about legacy businesses that could be massively disrupted?'" he said. …
CleanSpark shares jump 12%+ after the bitcoin miner expands into AI infrastructure, hiring Humain's president Jeffrey Thomas as SVP of AI data centers
Shares of CleanSpark Inc. surged as much as 13% after the Bitcoin miner announced that it was expanding into date-center infrastructure …
US data center operators warn President Trump's renewable energy attack could hurt the US in the AI race; data centers are set to add 83.7GW of demand by 2030
Industry needs renewables to meet surging power demand from artificial intelligence — The US data centre industry has warned …
Nvidia's $500B US spending plan follows a familiar pattern of companies trying to please President Trump and offers few details on what AI gear would be US-made
The chip maker's plan to build AI tech in Texas comes on the heels of a new tariff threat — Chip maker Nvidia unveiled plans Monday …
Sources: Tim Cook approved doubling Apple's AI chips budget in 2023 after John Giannandrea sought more GPUs, but CFO Luca Maestri cut the increase to under half
Even before President Trump's tariffs threatened to upend Apple's manufacturing business in China, the company's struggle …
Sources: after nearly five years of building a US plant, TSMC expects new factories to take two years; TSMC plans a 3nm US plant by 2028 and a 2nm one by 2030
TAIPEI — When TSMC Chairman and CEO C.C. Wei stood next to U.S. President Donald Trump early this month and announced …
Intel's foundry business lost over $13B on $17.5B revenue in 2024, while TSMC generated $41.1B in operating profit on $90B in revenue over the same period
While President Trump's domestic AI focus is a good sign for Intel, easy fixes have proved elusive