Browsing Tag
artificial intelligence
628 posts
Hut 8 sells Canadian managed cloud arm as shares jump 8.8%
Hut 8 has sold its traditional Canadian managed cloud-services business to Opti9 while retaining the underlying data centres, GPU operations and high-performance-computing assets. The disposal sharpens Hut 8's strategic shift toward AI infrastructure at a time when contracted AI capacity has become overwhelmingly larger than its legacy cloud business.
Synopsys revenue jumps 42% to $2.48bn as Ansys pushes Design Automation past $2bn
Synopsys reported $2.477 billion of Q3 revenue and raised its fiscal 2026 outlook, but the Ansys acquisition has created a 31-percentage-point gap between projected GAAP and non-GAAP operating margins.
Okta cRPO growth accelerates to 14% as free cash flow beats Q2 guidance by $62m
Okta reported $805 million of Q2 revenue and $227 million of free cash flow while cRPO growth accelerated to 14%, prompting higher full-year revenue, earnings and cash-flow guidance.
Georgia Power gets approval for OpenAI’s 3.2 GW load as large customers support $950m annual savings
Georgia Power’s contract to serve OpenAI’s 3,200 MW Effingham County project has been approved, with OpenAI funding its infrastructure and providing up to 1,000 MW of flexible demand as large-load revenue is projected to support about $950 million of annual customer savings from 2029.
Bill Gates says world is underestimating AI disruption as permanent job losses move closer
Bill Gates warns AI could permanently eliminate jobs, amplify security threats and reshape childhood while governments remain dangerously unprepared.
TSMC Arizona Semiconductor Manufacturing Project: Phoenix chip fabs expand into $265bn AI-era cluster
The TSMC Arizona Semiconductor Manufacturing Project is a Phoenix-based advanced chipmaking cluster operated by TSMC Arizona Corporation, with N4 production already underway, N3 targeted for 2027 and planned investment now rising to $265bn.
Why OpenAI’s sandbox breach could redefine AI cybersecurity risk
OpenAI’s sandbox breach involving Hugging Face raises urgent questions over AI agents, cyber safety, enterprise risk and regulation.
How Apple’s $30bn Broadcom chip deal strengthens the custom silicon race
Apple’s US$30bn Broadcom deal extends custom silicon supply through 2031 and strengthens Broadcom’s AI infrastructure valuation case.
Why Roadzen’s FY2026 results matter for RDZN stock and AI-powered auto insurance
Roadzen’s record FY2026 results sharpen RDZN’s AI insurance story with 42% Q4 revenue growth, narrower losses and a clearer profitability path.
BIS warns AI debt boom and record public borrowing could trigger sharper market shocks
Artificial intelligence investment is surging as public debt hits historic levels. The BIS warns one sharp repricing could connect both risks.