AI Insider·
Amazon has signed a $17.5 billion delayed draw term loan with a syndicate of lenders including Citigroup, JPMorgan Chase, Wells Fargo, HSBC, and BofA Securities, giving the company flexibility to draw down funds on its own timeline for what it described as general corporate purposes. The deal follows a reported $14 billion Canadian bond sale […]
Read full articleIntel's strategic focus on AI infrastructure and foundry advancements could significantly enhance its market position and investor confidence. The post BofA upgrades Intel from Sell to Buy after stock quintupled appeared first on Crypto Briefing.
Just after Seattle enacted a one-year data center moratorium that some of Amazon's own employees pushed for, Amazon shared how much water its data centers use, reportedly for the first time. With concerns about water consumption and energy use a focus of new AI data center construction debates, Amazon says its global data center operations consumed 2.5 billion gallons of water in 2025 at a rate of 0.12 liters per kilowatt-hour of electricity, dropping by two percent from its 2024 total even as it expanded operations. Amazon also claims it's using water more efficiently than some Big Tech rivals - this graphic in Amazon's report points to M … Read the full story at The Verge.
Bezos' dual role could reshape tech landscapes, influencing AI innovation and competitive dynamics in data center optimization and beyond. The post Jeff Bezos floats potential partnership between his AI startup Prometheus and Amazon for data center optimization appeared first on Crypto Briefing.
CoreWeave's aggressive debt strategy highlights the growing financial risks and opportunities in AI infrastructure, influencing global investment trends. The post CoreWeave taps global debt markets to fund AI infrastructure buildout appeared first on Crypto Briefing.
Citi has opened a regulated blockchain route into private-company shares, giving Wall Street another live test of tokenization beyond crypto-native trading. The Wall Street Journal reported June 11 that Citigroup is rolling out tokenized shares of private companies for wealthy and institutional clients, initially limited to foreign investors, with the bank hoping other financial institutions […]
NTT's $1B US expansion highlights the escalating demand for AI infrastructure, potentially reshaping data center strategies and power dynamics. The post NTT Global Data Centers seeks $1B for US development projects appeared first on Crypto Briefing.
Insider Brief PRESS RELEASE — TensorWave, the all-AMD AI cloud specializing in high-performance, memory-intensive workloads, has announced it has raised $350 million in Series B funding. The round was co-led by Magnetar and AMD Ventures, with continued participation from Maverick Silicon, Nexus Venture Partners, and Western Frontier. The new capital will support the expansion of TensorWave’s global […]
The pause on Project Jade underscores the vulnerability of large-scale AI infrastructure projects to shifts in client commitments. The post Crusoe pauses plan for AI campus in Wyoming that would have powered a city appeared first on Crypto Briefing.
