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1414 Degrees (ASX: 14D) opens 1GW data centre pathway at Aurora Energy Precinct
1414 Degrees has secured an exclusive development arrangement with an Australian data centre operator for a staged AI campus at the Aurora Energy Precinct. The opportunity could add land, power and infrastructure revenue, although binding commercial terms and grid capacity still need to be secured.
Travis Kalanick’s Atoms secures $1.7bn to scale physical AI businesses
Atoms has secured $1.7 billion in debt and equity financing led by Andreessen Horowitz, giving Travis Kalanick’s industrial AI venture fresh capital to automate mining, food production, construction and transport.
SAP (NYSE: SAP) jumps 9% as cloud backlog calms AI disruption fears
SAP stock jumped 9% as cloud backlog reached €22.9 billion. Can business AI, acquisitions and free cash flow sustain the recovery?
Intel (INTC) taps Lens Technology for glass substrate collaboration on AI packaging
Intel and Lens Technology signed a mostly non-binding MOU on through-glass via packaging, betting on the yield problem gating 2030 glass substrate scaling.
VeriSign (NASDAQ: VRSN) gains 7% as .web and domain growth lift outlook
VeriSign stock gained 7% as domain growth accelerated and .web moved closer to launch. Can VRSN justify its premium valuation?
Augustus bags $180m as $1bn valuation tests global dollar banking model
Augustus raises $180 million at a $1 billion valuation to build a regulated global dollar bank. Discover how the fintech plans to reshape dollar access.
MaxLinear (NASDAQ: MXL) slides 22% as AI expectations outrun its Q2 beat
MaxLinear stock fell 22% despite strong Q2 results. Can optical AI growth, rising margins and Q3 guidance justify MXL’s valuation?
NAVER, NVIDIA and Brookfield plan $10bn Korea AI factory expansion
NAVER stock jumped 16% on the $10B NVIDIA and Brookfield AI factory deal, but NVIDIA's $1B stake depends on NAVER securing $9B in outside financing first.
Etched raises $300m as $10.3bn valuation tests AI inference chip economics
Etched’s $300 million Series C gives the AI chip startup fresh capital to scale its Sohu inference systems, but the valuation depends on whether specialised hardware can break NVIDIA’s grip on data-centre computing.
RingCentral (NYSE: RNG) jumps 25% as AI and cash flow reset the thesis
RingCentral stock jumped 25% after Q2 results. Can AI adoption, rising margins and free cash flow support the new RNG valuation?