Retail sales for the first two months of the year rose 2.8% from a year earlier. Industrial output climbed 6.3%, also exceeding expectations for a 5% jump. Investment in fixed assets, which includes ...
SEOUL, Feb 27 (Reuters) - Hyundai Motor Group and South Korea on Friday signed a deal to invest about 9 trillion won ($6.26 billion) to build an AI data centre, a robot manufacturing factory and ...
Microsoft’s MSFT-0.46%decrease; red down pointing triangle earnings surge failed to energize investors on Wednesday as it reported higher-than-expected spending on data centers and other AI ...
Nvidia has invested $2 billion in AI infrastructure provider CoreWeave, the companies announced. Shares of CoreWeave popped on the news. Nvidia purchased CoreWeave Class A common stock at $87.20 per ...
President Trump claimed that U.S. factory construction is “up by 41%”—a number that doesn't appear to be supported by his government’s own data. Trump has repeatedly claimed his policies are driving ...
For Nvidia, 2025 was not only about faster GPUs but also about the remaking of the enterprise data center from a storage/retrieval hub to a manufacturing plant for intelligence— the AI factory. Nvidia ...
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Amazon announced a new product Tuesday called “AI Factories” that allows big corporations and governments to run its AI systems in their own data centers. Or as AWS puts it: Customers supply the power ...
Plans for a big data center next to Samsung Electronics' $17 billion chip factory in Central Texas may be on the horizon as a Dallas-based developer eyes a 220-acre parcel directly northeast of the ...
OpenAI, Mistral AI, and Elon Musk's xAI will use the facility alongside Microsoft's own AI model training operations. Microsoft, with a market cap of nearly $3.78 trillion, gained 19% year-to-date.
On the day CEO Satya Nadella discussed Microsoft’s “planet-scale cloud and AI factory,” Azure cloud – the IT infrastructure underpinning this – was offline for more than eight hours. According to the ...
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