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Ai Cloud

All articles tagged with #ai cloud

business13 days ago•19 min saved

Nebius Beats Q2 Revenue Forecast on AI Cloud Boom, Secures Four >$1B Deals

Nebius Group N.V. topped its second‑quarter revenue forecast with $582.3 million for the quarter ended June, as booming demand for AI infrastructure fueled growth. The core AI cloud business—about 98% of group revenue—rose more than 500%, and the company closed four landmark AI cloud deals averaging over $1 billion in total contract value, lifting TCV nearly fourfold quarter‑over‑quarter and enabling higher pricing for next‑gen chips and older GPUs. About 70% of deals included prepayments, and Nebius reaffirmed its 2026 outlook as shares rose in premarket trading.

via finance.yahoo.com|

#ai-cloud #ai-infrastructure #business

technology13 days ago•1 min saved

CoreWeave Surges on Q2 Revenue Beat Amid Big AI Deals

CoreWeave posted Q2 revenue of $2.58 billion (vs. $2.56 billion expected) and a per-share loss of $1.14, up 112% year over year, with a net loss of $626 million. The company’s revenue backlog reached $104 billion and 1.5 gigawatts of active power, while carrying about $35 billion in debt to fund Nvidia GPUs and related equipment. It announced multi-year deals with Anthropic and Meta (Meta to spend $21 billion) and a $6 billion commitment from Jane Street. The stock rose about 11% in extended trading as it remains competitive in the AI cloud race against AWS, Google, and Microsoft. A conference call is set for 5 p.m. ET to discuss results.

via CNBC|

#ai-cloud #anthropic #coreweave

technology1 month ago•15 min saved

Meta's AI Cloud Push Triggers Broad Selloff in AI Stocks

Meta Platforms reportedly is exploring an external AI cloud infrastructure business to provide computing power and models to external customers, a move that triggered a broad selloff in AI stocks. Major chip names like NVIDIA (-2%), AMD (-3%), and Intel (-4%) fell, while AI‑infrastructure players Nebius NBIS and CoreWeave CRWV slumped around 12% and 10%. Storage and memory names such as Micron MU (-~7%), SanDisk, Seagate and Western Digital also declined, with chip‑equipment makers like KLAC, LRCX, AMAT and ASML posting losses as investors weighed Meta's cloud ambitions against the AI hardware rally.

via Yahoo Finance|

#ai-cloud #amd #meta-platforms

business1 month ago•10 min saved

Meta Signals AI Cloud Push as It Plans to Monetize Idle Compute

Meta Platforms is reportedly creating a dedicated AI cloud unit to monetize surplus AI compute, potentially offering customers access to AI models on Meta’s platform—a strategy akin to major cloud providers. The move aligns with past hints from CEO Mark Zuckerberg about selling excess compute, and the news contributed to a roughly 8.8% jump in META shares.

via Yahoo Finance|

#ai-cloud #business #cloud-computing

business2 months ago•3 min saved

Rackspace bets on AMD-powered AI cloud, lifting shares

Rackspace Technology finalized a deal to power its AI cloud with AMD hardware, making AMD Instinct GPUs and EPYC CPUs the main components and rolling out 30 megawatts of capacity by 2028 as the company pivots to managed AI cloud services. The move accompanies a 15% global workforce realignment, and comes as Rackspace has surged about 500% in 2026; the news spurred intraday stock gains (though AMD slid on the day) and follows other AI partnerships with Palantir, underscoring the company’s push into AI cloud offerings.

via Barron's|

#ai-cloud #amd #business

technology2 months ago•6 min saved

SK Telecom, NVIDIA Unveil Gigawatt-Scale AI Cloud for Korea

SK Telecom and NVIDIA will build a gigawatt-scale AI Cloud in Korea using the DSX platform, with the first AI factory slated for 2027, to provide sovereign, physical and agentic AI services for enterprises and industries, emphasizing low token cost and energy efficiency; the collaboration includes joint research on next-generation AI factory architectures and SKT’s status as an NVIDIA Cloud Partner.

via NVIDIA Newsroom|

#ai-cloud #ai-factory #korea-ai

technology2 months ago•7 min saved

FAA chief says Compaq-powered ATC is safe but inefficient, modernization underway

FAA Administrator Bryan Bedford says the U.S. air traffic control system is safe but inefficient because 313 facilities run on 1970s/80s tech, including Compaq computers and floppy disks. The FAA plans about $12.5 billion in modernization through 2028 plus roughly $10 billion more to overhaul data architecture, move to cloud, and enable AI-driven real-time situational awareness to boost efficiency and capacity as the summer travel season approaches.

via CBS News|

#ai-cloud #air-traffic-control #compaq

business3 months ago•16 min saved

Iren Stock Breaks Out as Nvidia Deal Highlights AI Cloud Push

Iren Limited’s stock extended its breakout after Nvidia signed a $3.4 billion cloud-services deal with Iren, with Nvidia set to invest about $2.1 billion via share purchases. Analysts remain bullish despite a Q3 miss, noting the Nvidia pact—alongside Iren’s prior Microsoft AI-cloud engagement—validates Iren’s ability to monetize AI infrastructure and lift its AI Cloud ARR toward $3.7 billion. Price targets from analysts vary (e.g., Compass Point at $105, HC Wainwright at $85) with a street consensus around $72.56, indicating meaningful upside ahead.

via TipRanks|

#ai-cloud #analysts #business

business4 months ago•36 min saved

Jane Street Bets $6B on CoreWeave AI Cloud, Adds $1B Equity Stake

Jane Street committed about $6 billion to CoreWeave’s AI cloud and acquired a $1 billion equity stake, expanding their partnership to deploy next-generation compute for large-scale ML and trading across CoreWeave’s facilities, including NVIDIA’s Vera Rubin tech.

via CoreWeave|

#ai-cloud #business #coreweave

technology4 months ago•36 min saved

CoreWeave and Anthropic Strike Multi-Year AI Compute Pact for Claude

CoreWeave and Anthropic announced a multi-year agreement to run Anthropic’s Claude models on CoreWeave’s AI cloud, enabling production-scale workloads with high performance and reliability; the deal expands CoreWeave’s ecosystem to include nine of the top AI model providers and will begin rolling out later this year.

via CoreWeave|

#ai-cloud #anthropic #claude

technology4 months ago•35 min saved

Meta and CoreWeave Extend AI Cloud Pact to $21B by 2032

CoreWeave and Meta Platforms expanded their AI cloud agreement to roughly $21 billion through December 2032, with CoreWeave provisioning dedicated capacity across multiple sites and enabling early NVIDIA Vera Rubin deployments to scale Meta’s AI inference workloads, signaling surging demand for high-performance AI infrastructure.

via CoreWeave|

#ai-cloud #coreweave #inference-workloads

technology5 months ago•13 min saved

NVIDIA and Nebius Team Up to Build a Gigawatt-Scale AI Cloud

NVIDIA and Nebius unveiled a $2 billion partnership to scale Nebius's full-stack AI cloud, enabling more than 5 gigawatts of NVIDIA-powered capacity by 2030 through AI factory design, optimized inference and agentic AI software, and deployment of multi-generation NVIDIA infrastructure across Nebius’s platform.

via NVIDIA Newsroom|

#ai-cloud #ai-factories #inference

business5 months ago•27 min saved

CoreWeave Posts Record 2025 Revenue Backlog as AI Cloud Expands

CoreWeave reported strong Q4 2025 and full-year results, with revenue of $1.57B in Q4 and $5.13B for 2025, and a net loss of $452M for Q4 and $1.17B for the year due to interest expense and non-GAAP adjustments. Adjusted EBITDA reached $898M in Q4 and $3.09B for the year. Revenue backlog grew to $66.8B, underscoring strong demand visibility as the company expands its AI cloud footprint. CoreWeave added about 260 MW of capacity (now >850 MW) and has ~3.1 GW of contracted power, completed its IPO in March 2025 (Nasdaq: CRWV), and pursued acquisitions (Monolith, Marimo) and partnerships to broaden its platform, including federal offerings.

via CoreWeave|

#acquisitions #ai-cloud #business

business7 months ago•2 min saved

IREN's AI and Data Center Growth Sparks Investor Optimism

The article discusses the evolving narrative around IREN, highlighting a slight increase in its fair value estimate and contrasting analyst views—some bullish on its AI cloud potential and others cautious due to execution and financing risks. Major firms have raised price targets based on AI cloud growth and data center expansion, while some remain skeptical about near-term project risks and sector challenges, reflecting a divided outlook on IREN's future.

via Yahoo Finance|

#ai-cloud #analyst-opinions #business

business9 months ago•4 min saved

CoreWeave's Stock Plummets Amid Earnings and Data Center Delays

CoreWeave reported strong Q3 revenue but lowered its 2025 guidance due to supply constraints, causing a 15% stock drop. Despite a net loss, the company has secured significant debt and expanded its AI cloud services, with analysts maintaining a neutral outlook and a revised price target of $140.

via TheStreet|

#ai-cloud #business #coreweave