Nvidia is deepening its bet on AI infrastructure with a massive $2 billion investment in cloud provider CoreWeave. This move comes as the scramble for data center power reaches a fever pitch. It’s a strategic play that goes far beyond just selling chips.
Nvidia CEO Jensen Huang is pushing back hard on critics. He says the idea that its $2 billion investment in cloud provider CoreWeave is a circular deal is “ridiculous.”
European satellite operator SES is partnering with Taiwan’s state-backed Chunghwa Telecom to build a new ground station. The facility will support the high-throughput O3b mPower constellation. This move significantly expands satellite capacity in North Asia.
Real estate firm Lodha Developers has committed an additional INR 1 trillion ($10.9 billion) to build a 2.5GW data center park in Maharashtra. The move follows a previous $3 billion agreement, but turning a non-binding MoU into reality is a massive challenge.
Apple users are starting to receive payments from a $95 million class-action settlement over Siri privacy allegations. The payouts, stemming from a 2019 scandal, are around $8 per device. Apple denied wrongdoing but settled to avoid litigation.
Telecom infrastructure firm Cellnex has finalized the sale of its French data center unit, Towerlink France, to Vauban Infra Fibre. The all-cash transaction is valued at €391 million. This marks another major step in Cellnex’s plan to focus on its core telecom tower business.
A new wave of sophisticated vishing attacks is using real-time, customizable phishing kits to trick users and bypass multi-factor authentication. Okta’s Threat Intelligence team issued the alert on January 22, detailing how attackers pose as IT support to gain full account control.
A coalition of European photonic chip companies is sounding the alarm. They say the EU’s lead in this critical tech is at risk without decisive action to scale manufacturing and compete globally.
The relentless demand for AI infrastructure is creating a gold rush for data storage and memory chip companies. Stocks for firms like SanDisk and Micron have tripled or more, as industry leaders call memory the new “choke point” in the AI build-out.
This week brings key earnings from Apple, Meta, and Microsoft amid a deeply pessimistic market. But the prevailing negativity might have set the stage for positive surprises and short squeezes.
