Meta shares crash 9% despite crushing earnings expectations as the tech giant absorbs a massive $15.9 billion tax hit from Trump's new tax legislation while simultaneously ramping up AI spending with capital expenditures jumping to $70-72 billion for 2025.
Major technology companies are using non-disclosure agreements with local governments across 14 states to secretly develop AI data centers, preventing residents from knowing who is building in their communities and sparking revolts in places like Missouri and Arizona where transparency-starved citizens are enacting construction bans over concerns about utility costs …
HUMAIN and Blackstone-backed AirTrunk forge a $3 billion partnership to construct cutting-edge AI-ready data centers across Saudi Arabia, combining local AI expertise with global hyperscale infrastructure capabilities to transform the Kingdom into a major digital innovation hub while developing homegrown talent and attracting international tech giants.
OpenAI warns the White House that China's massive lead in power generation—adding 429 gigawatts versus America's 51 gigawatts last year—creates an 'electron gap' that threatens U.S. AI dominance, urging 100 gigawatts of annual capacity increases to compete.
AWS suffers massive outage impacting over 108 services across US-EAST-1 region as DNS failures cascade through DynamoDB, EC2, Lambda, and CloudWatch, with internal network monitoring issues triggering widespread connectivity problems before full restoration at 3:01 PM.
AI infrastructure company Groq raises $750 million at a $6.9 billion valuation, led by Disruptive with BlackRock participation, as the firm powers over two million developers and Fortune 500 companies with fast compute solutions across multiple continents.
NVIDIA acquires AI coding tool Solver and launches 'AI factories' for vertical integration, positioning itself as an industrial solution provider that trains sector-specific models while addressing power efficiency bottlenecks in AI development.
Apple commits to investing over $500 billion in the U.S. over four years, opening a massive Houston server facility by 2026, doubling its manufacturing fund to $10 billion, and hiring 20,000 new employees for AI and research roles.
AI cloud company Nscale announces plans for IPO by 2026 while expanding its Microsoft partnership to $23 billion with a new $14 billion deal involving 200,000 Nvidia GB300 graphics processing units.
Nvidia, Microsoft, BlackRock and Elon Musk's xAI announce a record-breaking $40 billion acquisition of Aligned Data Centers, marking the largest global data center deal ever as tech giants race to secure massive AI infrastructure across 50 campuses in the Americas.