Meta Creates New Stock Class to Fund AI Spending Spree
Meta's new stock class funds AI spending while leaving Zuckerberg's voting control untouched. Capex guidance rises to $135bn-$145bn.
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Nscale, Anthropic Talks Point to Second $45bn Compute Deal
The new Nscale Anthropic deal under discussion is worth $45bn - but it sits on top of an existing $44.6bn agreement, not…
Fermi shares jump ~14% on AMD credit support deal
Fermi Inc shares rose 14.46% after an AMD credit support deal backed Phase 1 of its Project Matador data-centre build in Texas.
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Flex Expands Modular Data Centre Portfolio For AI Factories
Flex expands its modular data centre portfolio with AI Modules it says cut build times 50%, days after a $2bn deal to back the Axiom spin-off.
Marvell unveils six-channel CXL chip as shares slip 3.47%
Marvell launched its second-gen Structera X CXL memory expander for AI inference on 12 October, even as MRVL shares fell 3.47% on the day.
Broadcom, Intel chiefs warn capital crunch is AI’s real risk
Broadcom and Intel CEOs say an AI capital crunch, not chip shortages, is the industry's biggest looming risk, as Intel's own numbers swing wildly.
Nvidia-Backed Firmus Confirms IPO Withdrawal After Weak Demand
Firmus IPO withdrawal: Nvidia-backed data-centre group scraps Australia's second-largest listing after poor demand and market volatility.
SpaceX Nvidia Chip Deal: $40bn Financing Rattles Stock
SpaceX shares slipped after a report of a $40bn Nvidia chip deal led by Apollo - but none of the four parties involved have confirmed it.
Penguin Solutions Earnings Beat Sends Shares Up 13%, Lifts FY27 View
Penguin Solutions earnings beat drove Q4 revenue up 68% to $567m, with shares jumping 13.48% and FY2027 guidance raised sharply.
Teradyne’s Bright Machines Investment Leaves Price Tag Undisclosed
Teradyne confirms a Bright Machines investment to build AI infrastructure manufacturing tech, but discloses no price tag or SEC filing on the deal.
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