An 82-year-old Kentucky woman just did what most venture capitalists cannot: she said no to $26 million from an AI company that wanted her land for a data center.
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An 82-year-old woman in Kentucky just turned down $26 million from an AI company that wanted her land for a data center. An AI infrastructure company offered $26 million to an 82-year-old Kentucky landowner for a data center site. She declined.
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Meta just traded its climate promises for a power grid that can keep up with AI. Meta is funding construction of seven new natural gas plants to power what will be its largest, most power-hungry data center
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Armenia just became the newest front in the global AI infrastructure land grab, and it's not who you'd expect writing the check. Armenian banks formed their first-ever $300M syndicated loan to finance Firebird AI's data center construction
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Meta just wrote a check for seven new gas plants because training AI eats more power than virtue signaling can offset. Meta is funding construction of seven natural gas-fired power plants through Entergy to power its largest data center
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SoftBank just borrowed more money than most countries see in a year to buy a piece of OpenAI. SoftBank secured a $40 billion bridge loan to finance its OpenAI stake, the largest such loan on record
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Google just kicked over a sandcastle in the memory chip market, and the two-day selloff tells you exactly which players built on solid ground.
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Retail investors just sold Nvidia for the first time in eight months, and it wasn't because of chips. Retail investors sold Nvidia stock Wednesday for the first time since July, breaking an uninterrupted buying streak through the company's rise to largest S&P 500 market cap
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Congress just weaponized the Super Micro indictment to tighten the AI chip export chokehold on China.
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Anthropic is eyeing an October IPO, turning the AI foundation model race into a public market showdown. Anthropic is considering going public as soon as October 2026, racing OpenAI to the public markets
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The Pentagon just handed private equity $4 billion to build the AI backbone of future warfare. Carlyle and KKR are each building $2 billion data centers for the U.S. Army, a combined $4 billion bet on military AI infrastructure
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Anthropic might IPO by Q4 2025 at a $60B+ valuation, and the timing tells you everything about where we are in the AI race. Anthropic executives are discussing a potential IPO as soon as Q4 2025, with bankers expecting a raise north of $60 billion
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Meta just silently 6.6x'd its El Paso data center budget to $10 billion, and the company won't say why. Meta increased its El Paso data center investment from $1.5 billion to $10 billion, announced in a blog post just five months after the original October reveal
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BlackRock's data center play just got $2.6 billion in institutional capital, and the smart money is betting infrastructure beats models.
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Microsoft just froze hiring across Azure and sales, the two engines supposed to fund its AI spending spree. Microsoft told managers at Azure cloud and North American sales divisions to suspend new hiring in recent weeks
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Congress just weaponized the Super Micro indictment to harden the AI chip export wall. A House panel advanced legislation requiring Commerce to force chipmakers into stricter AI export controls after Super Micro's co-founder was indicted for allegedly smuggling Nvidia processors to China
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A U.S. senator just proposed taxing the infrastructure of AI to pay for the workers it displaces. Sen. Mark Warner is floating a tax on data centers as compensation for AI-driven job losses
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Apple isn't renting Gemini. It's learning from it. Apple's Google deal includes full access to Gemini inside Apple's own data centers, allowing them to distill smaller, specialized models from the larger teacher model.
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Cohere just made voice transcription cheap enough to run on the GPU gathering dust in your closet. Cohere released an open-source voice transcription model at 2 billion parameters, small enough to run on consumer-grade GPUs without cloud bills
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Nvidia's crypto mining revenue disclosures from the 2017-2018 boom are coming back to haunt it in court. A California judge certified an investor class action against Nvidia over alleged misstatements about GPU sales to crypto miners during the 2017-2018 mining surge.
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