Core Scientific shareholders rejected a $9 billion acquisition by CoreWeave, betting the AI infrastructure company can achieve even higher valuations independently. The failed deal signals growing AI bubble concerns as CoreWeave pivots to acquire developer tool startup Marimo.
Core Scientific shareholders have voted down CoreWeave’s $9 billion acquisition proposal, terminating the deal that would have transferred 1.3GW of data center capacity. The rejection follows months of shareholder opposition claiming the deal undervalued the company.
Amazon is making one of the biggest AI infrastructure bets in corporate history while simultaneously cutting thousands of jobs. The company’s cloud boss says they feel “quite good” about their massive investments despite bubble fears.
Microsoft is embarking on the largest infrastructure expansion in its history, planning to double its data center footprint within two years. This massive buildout comes as AI demand drives unprecedented cloud revenue growth, but raises questions about sustainability and market saturation.
Microsoft’s Q1 earnings reveal a staggering $392 billion commercial backlog driven by AI demand. CEO Satya Nadella outlines a disciplined “fungible” infrastructure strategy while doubling down on OpenAI partnership extensions through 2032.
Meta’s $70 billion AI investment plan has investors demanding answers about returns. Zuckerberg defends the spending as essential for competing in the AI race, but Wall Street wants profit timelines.
GTD is doubling down on Peru with a $13 million expansion of its Lurin data center. This strategic move comes as digital infrastructure competition heats up across the Andean region, with Lima emerging as a critical connectivity hub.
Lambda’s strategic Kansas City expansion represents a significant shift in AI infrastructure deployment. The dedicated AI factory model could reshape how enterprises access computing power for large-scale model training.
Microsoft secures unprecedented $250 billion cloud services commitment from OpenAI while extending intellectual property rights through 2032. The corporate restructuring signals a major strategic shift in the AI partnership landscape.
Nvidia’s massive $1 billion investment in Nokia represents more than just financial backing—it’s a strategic move to position AI at the core of next-generation telecommunications. The partnership aims to develop AI-native 6G networks capable of handling explosive growth in AI traffic. This signals a
