Alibaba Cloud launches fifth Tokyo data center as AI infrastructure race heats up

Meta's strategic AI infrastructure expansion, driven by Powell McCormick's Wall Street ties, could redefine tech-finance collaboration dynamics. The post Meta’s Dina Powell McCormick taps Wall Street connections to fund AI infrastructure push appeared first on Crypto Briefing.

Baseten's rapid valuation growth highlights the increasing demand for AI infrastructure, signaling a shift towards open-source model optimization. The post Baseten raises $1.5B in new funding round, valuation soars to $13B appeared first on Crypto Briefing.

CPP Investments, Canada’s largest pension fund, has committed up to ₹70 billion (approximately $741 million) to Hyderabad-based data center operator CtrlS, backing India’s expanding role in global AI infrastructure. The deal involves a ₹40 billion stake acquisition giving CPP Investments an 8.2% share in CtrlS, plus a joint venture to develop hyperscale data center campuses […]

DRAM's rapid growth highlights a shift towards targeted AI infrastructure investments, emphasizing memory's critical role in tech evolution. The post Roundhill Memory ETF $DRAM crosses $20B in assets under management appeared first on Crypto Briefing.

Nvidia's rise in Ethernet switching signals a shift in AI infrastructure dynamics, challenging established players and reshaping market strategies. The post Nvidia becomes the top vendor in data center Ethernet switching revenue appeared first on Crypto Briefing.

HIVE's shift to AI infrastructure with Bell Canada enhances its financial stability and positions it as a key player in sovereign AI solutions. The post HIVE Digital Technologies secures $220M AI contract with Bell Canada appeared first on Crypto Briefing.

The shift in capital allocation towards AI infrastructure may limit shareholder returns and alter investment strategies in the tech sector. The post Big Tech share buybacks decline as AI race escalates costs appeared first on Crypto Briefing.

Prem AI's significant funding boost could accelerate innovation in secure AI infrastructure, impacting data privacy standards and enterprise AI adoption. The post Prem AI raises $100M in Series A funding round appeared first on Crypto Briefing.