The race to build AI data centers is hitting a wall of reality. Despite a flood of announcements for massive, gigawatt-scale facilities, a new report indicates half may stall or fail completely due to power, politics, and financing.
Microsoft has released a new firmware update for the Surface Pro 10. It tackles security vulnerabilities in the NPU and Wi-Fi, while also fixing frustratingly slow connection speeds. This comes as Microsoft deals with other hardware headaches.
Microsoft’s latest earnings show AI is now central to its growth, with Intelligent Cloud revenue soaring 29% to $32.9B. However, the massive capital expenditure required to build that AI future—up 66% last quarter—is causing some investor anxiety despite the strong results.
Microsoft just posted a massive quarter, with revenue up 17% to $81.3 billion. The star was Intelligent Cloud, fueled by Azure’s 39% growth. However, the company’s capital expenditures for AI hit a staggering $37.5 billion.
In a major power shift, Amazon and top luxury brands have been appointed to the official committee representing Saks’ creditors in its bankruptcy. This gives them a direct, influential voice in the retailer’s $3.4 billion restructuring, where they are owed hundreds of millions.
Microsoft’s latest earnings show strong revenue but spooked investors. The problem? Slowing Azure growth and a staggering reliance on a single customer, OpenAI, for future revenue. The AI arms race is getting expensive.
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.
